Orla Mining Ltd. (NYSEAMERICAN:ORLA - Free Report) - Scotiabank lowered their FY2026 EPS estimates for shares of Orla Mining in a note issued to investors on Wednesday, March 19th. Scotiabank analyst O. Habib now expects that the company will post earnings of $0.46 per share for the year, down from their prior forecast of $0.51. Scotiabank has a "Strong-Buy" rating on the stock. The consensus estimate for Orla Mining's current full-year earnings is $0.24 per share.
A number of other equities analysts have also recently issued reports on ORLA. TD Cowen initiated coverage on shares of Orla Mining in a research note on Tuesday, February 4th. They issued a "hold" rating on the stock. TD Securities raised Orla Mining to a "hold" rating in a research report on Tuesday, February 4th. Finally, Stifel Canada raised Orla Mining to a "strong-buy" rating in a research report on Wednesday, March 19th. Two analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Orla Mining currently has a consensus rating of "Buy" and a consensus target price of $6.13.
Check Out Our Latest Stock Analysis on Orla Mining
Shares of Orla Mining stock opened at $8.84 on Monday. The company has a market cap of $2.85 billion, a PE ratio of -883.12 and a beta of 0.71. The stock has a 50-day moving average price of $6.84. Orla Mining has a 1 year low of $3.24 and a 1 year high of $9.62. The company has a current ratio of 4.54, a quick ratio of 3.95 and a debt-to-equity ratio of 0.12.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Kitching Partners LLC purchased a new stake in shares of Orla Mining during the 3rd quarter valued at about $48,000. Mariner LLC purchased a new stake in shares of Orla Mining during the 4th quarter valued at about $58,000. Scotia Capital Inc. purchased a new stake in shares of Orla Mining during the 4th quarter valued at about $67,000. Walleye Capital LLC purchased a new stake in shares of Orla Mining during the 3rd quarter valued at about $69,000. Finally, DF Dent & Co. Inc. purchased a new stake in shares of Orla Mining during the 3rd quarter valued at about $80,000. Hedge funds and other institutional investors own 43.04% of the company's stock.
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.
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