Orla Mining Ltd. (NYSEAMERICAN:ORLA) Declares $0.02 Quarterly Dividend

Orla Mining Ltd. (NYSEAMERICAN:ORLA) announced a quarterly dividend on Monday, May 11th. Shareholders of record on Tuesday, May 26th will be paid a dividend of 0.015 per share on Tuesday, June 9th. This represents a c) annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, May 26th.

Orla Mining Stock Down 1.5%

NYSEAMERICAN ORLA traded down $0.23 during trading on Monday, hitting $14.81. The company’s stock had a trading volume of 4,363,205 shares, compared to its average volume of 2,460,072. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 0.92. The company has a market cap of $5.12 billion, a PE ratio of 56.96 and a beta of 0.20. The business’s 50 day simple moving average is $16.38 and its 200-day simple moving average is $14.84. Orla Mining has a fifty-two week low of $8.50 and a fifty-two week high of $21.98.

Orla Mining Company Profile

Orla Mining is a Canada-based mineral exploration and development company focused on advancing gold and silver projects in the Americas. Its flagship asset is the Cerro Quema oxide gold-silver project in Panama, where the company holds approximately 13,000 hectares of mineral concessions. Through feasibility studies and pilot plant testing, Orla has demonstrated the potential of heap leach processing at Cerro Quema, positioning the asset for transition into construction and production phases.

In addition to Cerro Quema, Orla Mining expanded its portfolio in early 2023 with the acquisition of the Gold Springs project located along the Utah–Nevada border in the United States.