FY2028 Earnings Forecast for Orla Mining Issued By Cormark

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Equities researchers at Cormark issued their FY2028 earnings per share (EPS) estimates for shares of Orla Mining in a research report issued on Tuesday, November 19th. Cormark analyst R. Gray anticipates that the company will earn $1.03 per share for the year. The consensus estimate for Orla Mining’s current full-year earnings is $0.23 per share.

A number of other brokerages have also weighed in on ORLA. Desjardins raised Orla Mining to a “moderate buy” rating in a report on Thursday, October 31st. Scotiabank raised their target price on Orla Mining from $5.75 to $6.00 and gave the stock a “sector perform” rating in a report on Friday, October 11th.

Orla Mining Trading Up 5.7 %

Orla Mining stock opened at $4.60 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.54 and a quick ratio of 3.95. Orla Mining has a one year low of $2.60 and a one year high of $5.16. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of -459.54 and a beta of 0.79.

Hedge Funds Weigh In On Orla Mining

A number of institutional investors have recently added to or reduced their stakes in ORLA. CWA Asset Management Group LLC acquired a new position in Orla Mining during the 3rd quarter worth $5,927,000. Goehring & Rozencwajg Associates LLC lifted its holdings in shares of Orla Mining by 16.3% in the 2nd quarter. Goehring & Rozencwajg Associates LLC now owns 1,295,214 shares of the company’s stock valued at $4,969,000 after purchasing an additional 181,900 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Orla Mining by 50.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 450,000 shares of the company’s stock valued at $1,812,000 after purchasing an additional 150,000 shares during the last quarter. National Bank of Canada FI lifted its holdings in shares of Orla Mining by 21.4% in the 3rd quarter. National Bank of Canada FI now owns 421,108 shares of the company’s stock valued at $1,687,000 after purchasing an additional 74,293 shares during the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of Orla Mining by 4.3% in the 2nd quarter. American Century Companies Inc. now owns 412,400 shares of the company’s stock valued at $1,583,000 after purchasing an additional 17,100 shares during the last quarter. Hedge funds and other institutional investors own 43.04% of the company’s stock.

About Orla Mining

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.