FY2025 EPS Estimates for Orla Mining Increased by Scotiabank

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Stock analysts at Scotiabank lifted their FY2025 earnings per share estimates for shares of Orla Mining in a research note issued on Tuesday, October 28th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $0.70 per share for the year, up from their previous estimate of $0.44. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Orla Mining’s current full-year earnings is $0.24 per share. Scotiabank also issued estimates for Orla Mining’s FY2026 earnings at $1.05 EPS.

Other analysts have also issued reports about the company. CIBC reissued an “outperform” rating on shares of Orla Mining in a report on Monday, October 20th. Royal Bank Of Canada reissued an “outperform” rating on shares of Orla Mining in a report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Orla Mining has a consensus rating of “Moderate Buy” and an average target price of $27.00.

Orla Mining Stock Down 0.4%

ORLA stock opened at $10.32 on Friday. The stock’s 50 day simple moving average is $11.17 and its 200 day simple moving average is $10.75. Orla Mining has a fifty-two week low of $3.81 and a fifty-two week high of $13.91. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.66 and a current ratio of 0.85. The company has a market cap of $3.48 billion, a P/E ratio of 206.44 and a beta of 0.33.

Institutional Investors Weigh In On Orla Mining

Institutional investors have recently made changes to their positions in the stock. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Orla Mining by 119.8% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,843,000 shares of the company’s stock worth $35,898,000 after buying an additional 2,094,800 shares in the last quarter. Amundi raised its position in shares of Orla Mining by 49.9% in the first quarter. Amundi now owns 3,711,381 shares of the company’s stock worth $35,147,000 after buying an additional 1,235,692 shares in the last quarter. Covea Finance purchased a new stake in shares of Orla Mining in the third quarter worth $10,158,000. Fiera Capital Corp purchased a new stake in shares of Orla Mining in the second quarter worth $6,594,000. Finally, Allspring Global Investments Holdings LLC raised its position in shares of Orla Mining by 99.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,208,500 shares of the company’s stock worth $13,031,000 after buying an additional 601,500 shares in the last quarter. Hedge funds and other institutional investors own 43.04% of the company’s stock.

About Orla Mining

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.