FY2028 Earnings Forecast for Orla Mining Issued By Cormark

Orla Mining Ltd. (TSE:OLA) – Cormark issued their FY2028 earnings estimates for Orla Mining in a research report issued to clients and investors on Tuesday, November 19th. Cormark analyst R. Gray expects that the company will earn $1.43 per share for the year. The consensus estimate for Orla Mining’s current full-year earnings is $0.34 per share.

Several other brokerages have also commented on OLA. Desjardins upgraded shares of Orla Mining to a “moderate buy” rating in a research note on Thursday, October 31st. Scotiabank raised their price target on shares of Orla Mining from C$5.25 to C$6.00 in a research note on Thursday, October 10th. Finally, Stifel Nicolaus raised their price target on shares of Orla Mining from C$6.50 to C$8.00 in a research note on Monday, October 21st. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$6.79.

Orla Mining Price Performance

OLA opened at C$6.43 on Thursday. The firm has a market cap of C$2.06 billion, a price-to-earnings ratio of -128.60 and a beta of 1.57. Orla Mining has a fifty-two week low of C$3.53 and a fifty-two week high of C$7.16. The company’s 50-day moving average price is C$6.12 and its 200 day moving average price is C$5.67. The company has a quick ratio of 1.22, a current ratio of 5.89 and a debt-to-equity ratio of 17.76.

Insider Buying and Selling

In other Orla Mining news, Senior Officer Andrew James Bradbury sold 12,500 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of C$5.90, for a total value of C$73,750.00. Also, Director Jean Robitaille sold 46,600 shares of the stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of C$5.74, for a total transaction of C$267,549.24. 51.68% of the stock is currently owned by insiders.

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.