Desjardins Issues Positive Estimate for Orla Mining Earnings

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Desjardins upped their FY2026 earnings per share (EPS) estimates for shares of Orla Mining in a research note issued on Thursday, January 16th. Desjardins analyst A. Carson now expects that the company will post earnings per share of $0.36 for the year, up from their previous forecast of $0.27. Desjardins currently has a “Moderate Buy” rating on the stock. The consensus estimate for Orla Mining’s current full-year earnings is $0.20 per share.

Separately, Scotiabank raised Orla Mining from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 27th.

Orla Mining Price Performance

ORLA stock opened at $5.76 on Monday. Orla Mining has a 1-year low of $3.13 and a 1-year high of $6.05. The company has a current ratio of 4.54, a quick ratio of 3.95 and a debt-to-equity ratio of 0.12. The company has a market cap of $1.85 billion, a P/E ratio of -575.42 and a beta of 0.69.

Institutional Investors Weigh In On Orla Mining

Hedge funds and other institutional investors have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company raised its position in Orla Mining by 2.8% in the second quarter. The Manufacturers Life Insurance Company now owns 177,136 shares of the company’s stock valued at $679,000 after purchasing an additional 4,827 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Orla Mining in the third quarter valued at approximately $43,000. Kitching Partners LLC bought a new position in Orla Mining in the 3rd quarter valued at approximately $48,000. Geode Capital Management LLC boosted its position in Orla Mining by 11.9% during the 3rd quarter. Geode Capital Management LLC now owns 114,628 shares of the company’s stock worth $463,000 after buying an additional 12,159 shares during the period. Finally, Jane Street Group LLC grew its holdings in Orla Mining by 7.8% during the 3rd quarter. Jane Street Group LLC now owns 212,002 shares of the company’s stock worth $853,000 after acquiring an additional 15,404 shares during the last quarter. 43.04% of the stock is owned by institutional investors.

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.