Scotiabank Issues Positive Forecast for Orla Mining (TSE:OLA) Stock Price

Orla Mining (TSE:OLA) had its price objective upped by Scotiabank from C$21.00 to C$26.50 in a research report released on Monday,BayStreet.CA reports. Scotiabank also issued estimates for Orla Mining’s FY2026 earnings at $1.38 EPS and FY2027 earnings at $1.24 EPS.

Several other equities research analysts have also recently commented on the company. National Bankshares increased their price objective on Orla Mining from C$27.00 to C$29.00 and gave the company an “outperform” rating in a research report on Thursday, January 22nd. TD Securities reduced their price target on shares of Orla Mining from C$28.00 to C$25.00 in a research note on Thursday, January 22nd. Natl Bk Canada raised shares of Orla Mining to a “strong-buy” rating in a report on Monday, January 12th. CIBC increased their price objective on shares of Orla Mining from C$25.00 to C$27.00 in a research report on Monday, October 20th. Finally, Royal Bank Of Canada lifted their target price on shares of Orla Mining from C$26.00 to C$32.00 in a research report on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Orla Mining currently has a consensus rating of “Buy” and an average target price of C$25.44.

Orla Mining Trading Up 2.0%

Shares of TSE OLA opened at C$25.76 on Monday. The company has a market cap of C$8.76 billion, a PE ratio of 161.00 and a beta of 0.29. The company has a debt-to-equity ratio of 12.68, a quick ratio of 1.22 and a current ratio of 4.54. The firm’s 50 day moving average price is C$19.45 and its 200-day moving average price is C$16.62. Orla Mining has a 52-week low of C$8.34 and a 52-week high of C$27.22.

Orla Mining (TSE:OLA) last released its quarterly earnings data on Tuesday, November 11th. The company reported C$0.22 earnings per share (EPS) for the quarter. The business had revenue of C$382.88 million for the quarter. Orla Mining had a return on equity of 2.24% and a net margin of 3.15%. On average, equities research analysts expect that Orla Mining will post 0.3352878 EPS for the current fiscal year.

Insider Transactions at Orla Mining

In other Orla Mining news, insider Paul Mann sold 15,864 shares of the company’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of C$18.40, for a total value of C$291,897.60. Following the completion of the sale, the insider owned 205,647 shares in the company, valued at C$3,783,904.80. This represents a 7.16% decrease in their ownership of the stock. Also, insider John Andrew Cormier sold 30,000 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of C$17.61, for a total value of C$528,300.00. Insiders sold 77,828 shares of company stock worth $1,376,992 in the last three months. Corporate insiders own 51.68% of the company’s stock.

About Orla Mining

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.