Orla Mining (ORLA) Expected to Announce Earnings on Tuesday

Orla Mining (NYSEAMERICAN:ORLA) is anticipated to announce its earnings results 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 Price Performance

Shares of Orla Mining stock opened at $8.71 on Monday. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.54 and a quick ratio of 3.95. Orla Mining has a 1 year low of $3.24 and a 1 year high of $8.78. The firm has a market cap of $2.81 billion, a P/E ratio of -870.13 and a beta of 0.71. The stock’s 50 day moving average is $6.48.

Analyst Ratings Changes

Several research analysts recently issued reports on ORLA shares. Scotiabank upgraded Orla Mining from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 27th. TD Securities upgraded Orla Mining to a “hold” rating in a report on Tuesday, February 4th. Finally, TD Cowen assumed coverage on Orla Mining in a report on Tuesday, February 4th. They issued a “hold” rating for the company. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Orla Mining has a consensus rating of “Moderate Buy” and a consensus target price of $6.13.

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.