Cormark Weighs in on Orla Mining’s FY2028 Earnings (TSE:OLA)

Orla Mining Ltd. (TSE:OLA) – Analysts at Cormark issued their FY2028 earnings per share estimates for Orla Mining in a research report issued to clients and investors on Tuesday, November 19th. Cormark analyst R. Gray expects that the company will post earnings per share of $1.43 for the year. The consensus estimate for Orla Mining’s current full-year earnings is $0.34 per share.

A number of other equities research analysts also recently commented on the stock. Desjardins upgraded shares of Orla Mining to a “moderate buy” rating in a research report on Thursday, October 31st. Scotiabank lifted their price target on shares of Orla Mining from C$5.25 to C$6.00 in a research report on Thursday, October 10th. Finally, Stifel Nicolaus raised their price objective on shares of Orla Mining from C$6.50 to C$8.00 in a research note on Monday, October 21st. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$6.79.

Orla Mining Stock Performance

Shares of OLA stock opened at C$6.43 on Thursday. Orla Mining has a 1 year low of C$3.53 and a 1 year high of C$7.16. The firm has a market cap of C$2.06 billion, a price-to-earnings ratio of -128.60 and a beta of 1.57. The stock’s 50-day moving average is C$6.12 and its two-hundred day moving average is C$5.67. The company has a debt-to-equity ratio of 17.76, a quick ratio of 1.22 and a current ratio of 5.89.

Insiders Place Their Bets

In other news, Senior Officer Andrew James Bradbury sold 12,500 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of C$5.90, for a total value of C$73,750.00. Also, Director Jean Robitaille sold 46,600 shares of the company’s stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of C$5.74, for a total transaction of C$267,549.24. 51.68% of the stock is currently owned by company insiders.

Orla Mining Company Profile

Orla Mining Ltd. acquires, explores, develops, and exploits mineral properties. The company explores for gold, silver, zinc, lead, and copper deposits. It owns 100% interests in the Camino Rojo project that consists of seven concessions covering an area of 138,636 hectares located in Zacatecas, Mexico; Cerro Quema project totaling an area of 15,000 hectares located in the Azuero Peninsula, Panama; and the South Railroad project consisting of an area of 21,000 hectares located in Elko, Nevada.