What is Desjardins’ Estimate for Orla Mining Q4 Earnings?

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Research analysts at Desjardins issued their Q4 2024 EPS estimates for shares of Orla Mining in a report issued on Thursday, February 13th. Desjardins analyst A. Carson forecasts that the company will earn $0.07 per share for the quarter. Desjardins has a “Moderate Buy” rating on the stock. The consensus estimate for Orla Mining’s current full-year earnings is $0.23 per share.

Other analysts also recently issued research reports about the stock. Scotiabank raised shares of Orla Mining from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 27th. TD Cowen started coverage on shares of Orla Mining in a research report on Tuesday, February 4th. They set a “hold” rating for the company. Finally, TD Securities raised shares of Orla Mining to a “hold” rating in a research report on Tuesday, February 4th. Two research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Orla Mining presently has a consensus rating of “Moderate Buy” and a consensus price target of $6.13.

Orla Mining Stock Down 1.7 %

Shares of NYSEAMERICAN:ORLA opened at $6.96 on Monday. 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 52-week low of $3.16 and a 52-week high of $7.62. The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of -695.30 and a beta of 0.71.

Institutional Investors Weigh In On Orla Mining

A number of hedge funds have recently added to or reduced their stakes in ORLA. International Assets Investment Management LLC bought a new stake in shares of Orla Mining during the third quarter valued at about $43,000. Kitching Partners LLC bought a new stake in shares of Orla Mining during the third quarter valued at about $48,000. Mariner LLC bought a new stake in shares of Orla Mining during the fourth quarter valued at about $58,000. Scotia Capital Inc. bought a new stake in shares of Orla Mining during the fourth quarter valued at about $67,000. Finally, Walleye Capital LLC bought a new stake in shares of Orla Mining during the third quarter valued at about $69,000. 43.04% of the stock is currently 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.