Orla Mining Ltd. (NYSEAMERICAN:ORLA – Free Report) – Investment analysts at Desjardins cut their FY2025 earnings per share (EPS) estimates for Orla Mining in a research note issued on Tuesday, March 18th. Desjardins analyst A. Carson now expects that the company will earn $0.30 per share for the year, down from their previous forecast of $0.33. The consensus estimate for Orla Mining’s current full-year earnings is $0.24 per share.
ORLA has been the topic of several other reports. TD Securities raised Orla Mining to a “hold” rating in a research report on Tuesday, February 4th. Scotiabank raised Orla Mining from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 27th. Stifel Canada raised Orla Mining to a “strong-buy” rating in a research report on Wednesday. Finally, TD Cowen assumed coverage on Orla Mining in a research report on Tuesday, February 4th. They set a “hold” rating on the stock. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $6.13.
Orla Mining Stock Down 4.9 %
Shares of Orla Mining stock opened at $8.84 on Friday. The stock’s fifty day moving average is $6.84. The firm has a market capitalization of $2.85 billion, a price-to-earnings ratio of -883.12 and a beta of 0.71. The company has a quick ratio of 3.95, a current ratio of 4.54 and a debt-to-equity ratio of 0.12. Orla Mining has a 12-month low of $3.24 and a 12-month high of $9.62.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of ORLA. Kitching Partners LLC bought a new stake in shares of Orla Mining during the 3rd quarter worth about $48,000. Mariner LLC bought a new stake in shares of Orla Mining during the 4th quarter worth about $58,000. Scotia Capital Inc. bought a new stake in shares of Orla Mining during the 4th quarter worth about $67,000. Walleye Capital LLC bought a new stake in shares of Orla Mining during the 3rd quarter worth about $69,000. Finally, DF Dent & Co. Inc. bought a new stake in shares of Orla Mining during the 3rd quarter worth about $80,000. 43.04% of the stock is owned by institutional investors and hedge funds.
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.
See Also
- Five stocks we like better than Orla Mining
- 10 Best Airline Stocks to Buy
- FedEx Delivers Another Crushing Blow to Its Stock Price
- Short Selling – The Pros and Cons
- Analysts Stay Bullish on Rocket Lab as Signs of a Bottom Emerge
- Growth Stocks: What They Are, Examples and How to Invest
- Micron Stock Will Retest All-Time Highs This Year
Receive News & Ratings for Orla Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orla Mining and related companies with MarketBeat.com's FREE daily email newsletter.