Orla Mining (ORLA) Projected to Post Quarterly Earnings on Tuesday

Orla Mining (NYSEAMERICAN:ORLA) is projected to issue its quarterly earnings data 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 Trading Up 5.1 %

NYSEAMERICAN ORLA opened at $8.71 on Friday. The business has a fifty day moving average of $6.48. The stock has a market capitalization of $2.81 billion, a PE ratio of -870.13 and a beta of 0.71. Orla Mining has a 12-month low of $3.24 and a 12-month high of $8.78. The company has a current ratio of 4.54, a quick ratio of 3.95 and a debt-to-equity ratio of 0.12.

Analysts Set New Price Targets

ORLA has been the topic of a number of research reports. 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. Scotiabank upgraded shares of Orla Mining from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 27th. Finally, TD Securities upgraded shares of Orla Mining to a “hold” rating in a research note on Tuesday, February 4th. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Orla Mining presently has a consensus rating of “Moderate Buy” and an average price target 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.