Cormark Has Negative Estimate for Orla Mining Q2 Earnings

Orla Mining Ltd. (TSE:OLA) – Equities research analysts at Cormark reduced their Q2 2025 earnings estimates for shares of Orla Mining in a report released on Tuesday, April 15th. Cormark analyst R. Gray now forecasts that the company will post earnings of $0.24 per share for the quarter, down from their previous forecast of $0.26. The consensus estimate for Orla Mining’s current full-year earnings is $0.34 per share.

Several other research firms also recently commented on OLA. Stifel Canada raised Orla Mining to a “strong-buy” rating in a report on Wednesday, March 19th. Scotiabank boosted their price objective on shares of Orla Mining from C$7.75 to C$8.75 in a research note on Wednesday, January 15th. BMO Capital Markets upped their target price on shares of Orla Mining from C$12.50 to C$14.50 in a report on Thursday, March 20th. Desjardins lifted their price target on Orla Mining from C$12.00 to C$13.00 and gave the stock a “buy” rating in a report on Wednesday, March 19th. Finally, CIBC raised their price objective on Orla Mining from C$13.75 to C$16.25 and gave the company an “outperform” rating in a research report on Wednesday, April 2nd. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Orla Mining has an average rating of “Buy” and an average price target of C$12.56.

Orla Mining Stock Performance

Shares of TSE OLA opened at C$15.65 on Wednesday. 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 stock has a 50 day moving average price of C$11.74 and a 200 day moving average price of C$8.85. The stock has a market capitalization of C$3.55 billion, a PE ratio of 334.51 and a beta of 1.57. Orla Mining has a 52 week low of C$4.60 and a 52 week high of C$15.72.

Insider Activity

In related news, Director Charles A. Jeannes sold 15,023 shares of the stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of C$12.86, for a total transaction of C$193,257.37. Also, Senior Officer Paul Schmidt sold 50,000 shares of the firm’s stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of C$13.19, for a total value of C$659,660.00. Over the last 90 days, insiders sold 385,399 shares of company stock valued at $5,067,805. 51.68% of the stock is owned by company insiders.

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.