Cormark Issues Pessimistic Forecast for Orla Mining Earnings

Orla Mining Ltd. (TSE:OLA) – Equities research analysts at Cormark decreased their Q2 2025 earnings estimates for Orla Mining in a research note issued on Wednesday, April 2nd. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $0.26 for the quarter, down from their previous estimate of $0.27. The consensus estimate for Orla Mining’s current full-year earnings is $0.34 per share. Cormark also issued estimates for Orla Mining’s Q2 2025 earnings at $0.26 EPS, FY2025 earnings at $0.76 EPS and FY2025 earnings at $0.76 EPS.

A number of other equities research analysts have also commented on the stock. CIBC upped their price target on shares of Orla Mining from C$13.75 to C$16.25 and gave the company an “outperform” rating in a report on Wednesday. Royal Bank of Canada lifted their price objective on Orla Mining from C$13.00 to C$15.00 in a research report on Friday. BMO Capital Markets boosted their target price on Orla Mining from C$12.50 to C$14.50 in a research note on Thursday, March 20th. Stifel Canada upgraded shares of Orla Mining to a “strong-buy” rating in a report on Wednesday, March 19th. Finally, TD Securities raised shares of Orla Mining to a “hold” rating in a research report on Tuesday, February 4th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$12.56.

Orla Mining Price Performance

OLA opened at C$11.75 on Friday. The company has a debt-to-equity ratio of 12.68, a current ratio of 4.54 and a quick ratio of 1.22. The stock’s 50 day simple moving average is C$10.96 and its 200 day simple moving average is C$8.36. The firm has a market cap of C$2.66 billion, a price-to-earnings ratio of 251.15 and a beta of 1.57. Orla Mining has a 1 year low of C$4.60 and a 1 year high of C$13.79.

Insider Transactions at Orla Mining

In other news, Director Charles A. Jeannes sold 15,023 shares of the stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of C$12.86, for a total transaction of C$193,257.37. Also, Director Jean Robitaille sold 200,000 shares of the business’s stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of C$13.25, for a total transaction of C$2,650,000.00. Insiders have sold a total of 385,399 shares of company stock valued at $5,067,805 in the last ninety days. 51.68% of the stock is currently owned by corporate insiders.

About Orla Mining

Orla Mining Ltd is a mineral exploration company. It is engaged in the acquisition and exploration of mineral properties. The company holds two gold projects; the Camino Rojo gold and silver project in Zacatecas State, Mexico, and the Cerro Quema gold project in Panama. It conducts business activities in the geographic areas of Mexico, Panama, the United States, and Canada.