Orla Mining (ORLA) Expected to Announce Quarterly Earnings on Tuesday

Orla Mining (NYSEAMERICAN:ORLA) will likely be issuing its quarterly earnings data before the market opens on Tuesday, March 18th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $95.04 million for the quarter.

Orla Mining Trading Down 3.8 %

Shares of ORLA opened at $7.25 on Tuesday. The company has a quick ratio of 3.95, a current ratio of 4.54 and a debt-to-equity ratio of 0.12. The business’s 50-day moving average is $6.27. Orla Mining has a twelve month low of $3.24 and a twelve month high of $7.62. The firm has a market capitalization of $2.34 billion, a price-to-earnings ratio of -724.28 and a beta of 0.71.

Analysts Set New Price Targets

ORLA has been the topic of several recent analyst reports. Scotiabank upgraded shares of Orla Mining from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 27th. TD Securities upgraded shares of Orla Mining to a “hold” rating in a research report on Tuesday, February 4th. Finally, TD Cowen began coverage on shares of Orla Mining in a research report on Tuesday, February 4th. They issued a “hold” rating on the stock. Two analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $6.13.

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.