FY2028 Earnings Estimate for Orla Mining Issued By Cormark

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Analysts at Cormark issued their FY2028 EPS estimates for Orla Mining in a research note issued to investors on Tuesday, November 19th. Cormark analyst R. Gray expects that the company will post earnings of $1.03 per share for the year. The consensus estimate for Orla Mining’s current full-year earnings is $0.23 per share.

Several other equities analysts have also weighed in on ORLA. Desjardins upgraded Orla Mining to a “moderate buy” rating in a report on Thursday, October 31st. Scotiabank raised their price objective on Orla Mining from $5.75 to $6.00 and gave the company a “sector perform” rating in a research note on Friday, October 11th.

Orla Mining Stock Performance

Orla Mining stock opened at $4.35 on Thursday. The company has a current ratio of 4.54, a quick ratio of 3.95 and a debt-to-equity ratio of 0.12. Orla Mining has a 1-year low of $2.60 and a 1-year high of $5.16. The firm has a market cap of $1.40 billion, a PE ratio of 18.91 and a beta of 0.79.

Hedge Funds Weigh In On Orla Mining

Several large investors have recently made changes to their positions in the business. CWA Asset Management Group LLC bought a new stake in Orla Mining in the 3rd quarter valued at $5,927,000. D.A. Davidson & CO. bought a new stake in shares of Orla Mining in the third quarter valued at about $1,539,000. Allspring Global Investments Holdings LLC acquired a new stake in Orla Mining during the second quarter worth about $1,151,000. Goehring & Rozencwajg Associates LLC grew its position in Orla Mining by 16.3% during the second quarter. Goehring & Rozencwajg Associates LLC now owns 1,295,214 shares of the company’s stock worth $4,969,000 after buying an additional 181,900 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in Orla Mining by 67.2% during the third quarter. The Manufacturers Life Insurance Company now owns 296,097 shares of the company’s stock valued at $1,192,000 after acquiring an additional 118,961 shares during the period. Institutional investors and hedge funds own 43.04% of the company’s stock.

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.