FY2025 EPS Estimates for Orla Mining Ltd. (NYSEAMERICAN:ORLA) Lifted by Cormark

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Cormark upped their FY2025 earnings estimates for Orla Mining in a report released on Thursday, March 21st. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.09 for the year, up from their prior estimate of $0.08. The consensus estimate for Orla Mining’s current full-year earnings is $0.10 per share.

Orla Mining (NYSEAMERICAN:ORLA) last posted its quarterly earnings results on Tuesday, March 19th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.04. The business had revenue of $62.95 million during the quarter. Orla Mining had a negative net margin of 11.56% and a positive return on equity of 11.09%.

Separately, Royal Bank of Canada assumed coverage on shares of Orla Mining in a report on Friday, December 15th. They set an “outperform” rating for the company.

Orla Mining Stock Up 0.6 %

NYSEAMERICAN ORLA opened at $3.54 on Monday. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of -39.33 and a beta of 0.85. Orla Mining has a 12-month low of $2.60 and a 12-month high of $5.02. The company has a debt-to-equity ratio of 0.23, a current ratio of 5.07 and a quick ratio of 4.04.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. HighTower Advisors LLC raised its position in shares of Orla Mining by 34.7% in the first quarter. HighTower Advisors LLC now owns 53,979 shares of the company’s stock worth $258,000 after acquiring an additional 13,892 shares during the period. Cibc World Market Inc. raised its position in shares of Orla Mining by 73.4% in the first quarter. Cibc World Market Inc. now owns 84,345 shares of the company’s stock worth $404,000 after acquiring an additional 35,698 shares during the period. Vontobel Holding Ltd. raised its position in shares of Orla Mining by 111.0% during the 1st quarter. Vontobel Holding Ltd. now owns 52,735 shares of the company’s stock worth $252,000 after purchasing an additional 27,740 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Orla Mining by 22.9% during the 1st quarter. Vanguard Group Inc. now owns 91,530 shares of the company’s stock worth $438,000 after purchasing an additional 17,064 shares during the last quarter. Finally, Mackenzie Financial Corp raised its position in shares of Orla Mining by 28.9% during the 1st quarter. Mackenzie Financial Corp now owns 104,219 shares of the company’s stock worth $499,000 after purchasing an additional 23,345 shares during the last quarter. Hedge funds and other institutional investors own 43.04% of the company’s stock.

About Orla Mining

Orla Mining Ltd. acquires, explores, operates, and develops 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; and Cerro Quema project totaling an area of 14,893 hectares located in the Azuero Peninsula, Panama.