Scotiabank Forecasts Orla Mining’s FY2027 Earnings (TSE:OLA)

Orla Mining Ltd. (TSE:OLA) – Scotiabank upped their FY2027 earnings estimates for shares of Orla Mining in a research report issued to clients and investors on Wednesday, April 1st. Scotiabank analyst O. Habib now expects that the company will earn $1.97 per share for the year, up from their prior forecast of $1.90. The consensus estimate for Orla Mining’s current full-year earnings is $0.34 per share.

Several other analysts have also weighed in on the company. ATB Cormark Capital Markets raised Orla Mining from a “hold” rating to a “moderate buy” rating and boosted their price objective for the company from C$25.00 to C$35.00 in a report on Monday, February 23rd. National Bank Financial increased their target price on Orla Mining from C$27.00 to C$29.00 and gave the stock an “outperform” rating in a report on Thursday, January 22nd. Canadian Imperial Bank of Commerce lifted their target price on Orla Mining from C$27.00 to C$32.00 in a research report on Wednesday, February 4th. Stifel Nicolaus boosted their price target on Orla Mining from C$28.00 to C$35.00 in a report on Tuesday, February 10th. Finally, BMO Capital Markets raised their price objective on Orla Mining from C$22.00 to C$30.00 in a research note on Monday, January 26th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$30.39.

Orla Mining Stock Performance

Shares of OLA stock opened at C$23.69 on Friday. The company has a debt-to-equity ratio of 55.82, a quick ratio of 1.22 and a current ratio of 1.08. Orla Mining has a one year low of C$10.43 and a one year high of C$29.99. The company’s 50-day simple moving average is C$23.37 and its 200-day simple moving average is C$19.50. The stock has a market capitalization of C$8.06 billion, a price-to-earnings ratio of 78.97 and a beta of 0.99.

Orla Mining (TSE:OLA) last released its earnings results on Thursday, March 19th. The company reported C$0.58 earnings per share for the quarter. The company had revenue of C$506.00 million during the quarter. Orla Mining had a net margin of 11.44% and a return on equity of 22.94%.

Orla Mining Company Profile

Orla Mining Ltd is a mineral exploration company. It is engaged in the acquisition and exploration of mineral properties. The company holds two gold projects; the Camino Rojo gold and silver project in Zacatecas State, Mexico, and the Cerro Quema gold project in Panama. It conducts business activities in the geographic areas of Mexico, Panama, the United States, and Canada.