FY2027 EPS Estimates for Orla Mining Cut by Scotiabank

Orla Mining Ltd. (TSE:OLA) – Analysts at Scotiabank decreased their FY2027 earnings per share estimates for shares of Orla Mining in a report issued on Thursday, March 12th. Scotiabank analyst O. Habib now expects that the company will post earnings of $1.90 per share for the year, down from their prior forecast of $1.96. The consensus estimate for Orla Mining’s current full-year earnings is $0.34 per share.

OLA has been the topic of a number of other research reports. TD Securities decreased their price target on shares of Orla Mining from C$28.00 to C$25.00 in a research note on Thursday, January 22nd. ATB Cormark Capital Markets raised shares of Orla Mining from a “hold” rating to a “moderate buy” rating and lifted their price objective for the stock from C$25.00 to C$35.00 in a research note on Monday, February 23rd. Canadian Imperial Bank of Commerce boosted their target price on shares of Orla Mining from C$27.00 to C$32.00 in a report on Wednesday, February 4th. National Bank Financial upped their target price on shares of 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. Finally, Stifel Nicolaus increased their price target on shares of Orla Mining from C$28.00 to C$35.00 in a report on Tuesday, February 10th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$28.55.

Orla Mining Trading Down 3.6%

OLA stock opened at C$22.48 on Monday. The firm has a fifty day moving average price of C$23.43 and a 200 day moving average price of C$19.01. Orla Mining has a fifty-two week low of C$10.43 and a fifty-two week high of C$29.99. The firm has a market cap of C$7.64 billion, a PE ratio of 140.50 and a beta of 0.99. The company has a debt-to-equity ratio of 66.36, a quick ratio of 1.22 and a current ratio of 1.07.

Insider Activity at Orla Mining

In related news, insider Paul Mann sold 15,864 shares of Orla Mining stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of C$18.40, for a total transaction of C$291,897.60. Following the completion of the transaction, the insider directly owned 205,647 shares of the company’s stock, valued at approximately C$3,783,904.80. The trade was a 7.16% decrease in their position. 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.