Desjardins Brokers Lift Earnings Estimates for Orla Mining

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Research analysts at Desjardins upped their FY2025 earnings per share (EPS) estimates for Orla Mining in a note issued to investors on Tuesday, May 13th. Desjardins analyst A. Carson now expects that the company will earn $0.76 per share for the year, up from their prior estimate of $0.30. The consensus estimate for Orla Mining’s current full-year earnings is $0.24 per share. Desjardins also issued estimates for Orla Mining’s FY2026 earnings at $0.97 EPS and FY2027 earnings at $0.99 EPS.

Several other equities analysts have also recently issued reports on the company. TD Cowen assumed coverage on Orla Mining in a report on Tuesday, February 4th. They issued a “hold” rating on the stock. TD Securities upgraded Orla Mining to a “hold” rating in a report on Tuesday, February 4th. Finally, Stifel Canada upgraded Orla Mining to a “strong-buy” rating in a report on Wednesday, March 19th. Two investment analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $6.00.

Orla Mining Stock Performance

Orla Mining stock opened at $9.10 on Friday. The stock has a fifty day moving average price of $9.82 and a two-hundred day moving average price of $6.71. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.54 and a quick ratio of 3.95. The firm has a market capitalization of $2.93 billion, a P/E ratio of -909.09 and a beta of 0.71. Orla Mining has a 52-week low of $3.24 and a 52-week high of $11.95.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. FMR LLC boosted its stake in Orla Mining by 17.3% in the 4th quarter. FMR LLC now owns 24,065,292 shares of the company’s stock valued at $133,264,000 after purchasing an additional 3,553,481 shares during the period. Hillsdale Investment Management Inc. acquired a new position in Orla Mining in the 4th quarter valued at $11,944,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Orla Mining by 119.8% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,843,000 shares of the company’s stock valued at $35,898,000 after acquiring an additional 2,094,800 shares in the last quarter. Amundi raised its holdings in Orla Mining by 49.9% in the 1st quarter. Amundi now owns 3,711,381 shares of the company’s stock valued at $35,147,000 after acquiring an additional 1,235,692 shares in the last quarter. Finally, CWA Asset Management Group LLC raised its holdings in Orla Mining by 63.3% in the 1st quarter. CWA Asset Management Group LLC now owns 2,918,040 shares of the company’s stock valued at $27,284,000 after acquiring an additional 1,131,625 shares in the last quarter. 43.04% of the stock is currently owned by institutional investors.

Orla Mining Company Profile

Orla Mining Ltd. acquires, explores, develops, and exploits mineral properties. The company explores for gold, silver, zinc, lead, and copper deposits. It owns 100% interests in the Camino Rojo project that consists of seven concessions covering an area of 138,636 hectares located in Zacatecas, Mexico; Cerro Quema project totaling an area of 15,000 hectares located in the Azuero Peninsula, Panama; and the South Railroad project consisting of an area of 21,000 hectares located in Elko, Nevada.