What is Cormark’s Forecast for Orla Mining FY2026 Earnings?

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Cormark cut their FY2026 earnings per share (EPS) estimates for Orla Mining in a report issued on Thursday, March 20th. Cormark analyst R. Gray now expects that the company will post earnings of $0.74 per share for the year, down from their previous estimate of $0.90. The consensus estimate for Orla Mining’s current full-year earnings is $0.24 per share.

Several other brokerages have also recently issued reports on ORLA. Stifel Canada upgraded Orla Mining to a “strong-buy” rating in a research note on Wednesday, March 19th. TD Securities upgraded Orla Mining to a “hold” rating in a research note on Tuesday, February 4th. TD Cowen started coverage on Orla Mining in a research note on Tuesday, February 4th. They set a “hold” rating on the stock. Finally, Scotiabank upgraded Orla Mining from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 27th. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, Orla Mining presently has an average rating of “Buy” and an average target price of $6.13.

Orla Mining Stock Performance

NYSEAMERICAN:ORLA opened at $8.84 on Monday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.95 and a current ratio of 4.54. Orla Mining has a one year low of $3.24 and a one year high of $9.62. The stock has a 50-day simple moving average of $6.84. The firm has a market capitalization of $2.85 billion, a PE ratio of -883.12 and a beta of 0.71.

Institutional Trading of Orla Mining

A number of institutional investors and hedge funds have recently made changes to their positions in ORLA. CWA Asset Management Group LLC boosted its stake in Orla Mining by 20.6% during the 4th quarter. CWA Asset Management Group LLC now owns 1,786,415 shares of the company’s stock valued at $9,897,000 after purchasing an additional 304,748 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Orla Mining by 67.2% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 296,097 shares of the company’s stock worth $1,192,000 after acquiring an additional 118,961 shares in the last quarter. Barclays PLC boosted its stake in shares of Orla Mining by 86.5% during the 3rd quarter. Barclays PLC now owns 47,177 shares of the company’s stock worth $189,000 after acquiring an additional 21,877 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Orla Mining by 262.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 284,408 shares of the company’s stock worth $1,138,000 after acquiring an additional 205,911 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Orla Mining by 11.9% during the 3rd quarter. Geode Capital Management LLC now owns 114,628 shares of the company’s stock worth $463,000 after acquiring an additional 12,159 shares in the last quarter. 43.04% of the stock is currently owned by institutional investors and hedge funds.

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.