Orla Mining (TSE:OLA) Price Target Raised to C$26.50

Orla Mining (TSE:OLA) had its target price upped by Scotiabank from C$21.00 to C$26.50 in a report issued on Monday morning,BayStreet.CA reports. Scotiabank also issued estimates for Orla Mining’s FY2026 earnings at $1.38 EPS and FY2027 earnings at $1.24 EPS.

Other research analysts also recently issued research reports about the company. National Bankshares lifted their price objective on Orla Mining from C$27.00 to C$29.00 and gave the stock an “outperform” rating in a report on Thursday, January 22nd. Desjardins raised their price target on Orla Mining from C$28.00 to C$29.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Royal Bank Of Canada boosted their price objective on Orla Mining from C$26.00 to C$32.00 in a research report on Wednesday, December 10th. TD Securities dropped their price objective on Orla Mining from C$28.00 to C$25.00 in a research note on Thursday, January 22nd. Finally, Natl Bk Canada upgraded shares of Orla Mining to a “strong-buy” rating in a report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$25.44.

Orla Mining Price Performance

Shares of Orla Mining stock opened at C$26.48 on Monday. Orla Mining has a 52-week low of C$8.52 and a 52-week high of C$27.22. The stock has a market capitalization of C$9.00 billion, a price-to-earnings ratio of 165.50 and a beta of 0.29. The company has a fifty day moving average of C$19.79 and a 200-day moving average of C$16.76. The company has a debt-to-equity ratio of 12.68, a quick ratio of 1.22 and a current ratio of 4.54.

Orla Mining (TSE:OLA) last issued its earnings results on Tuesday, November 11th. The company reported C$0.22 EPS for the quarter. The company had revenue of C$382.88 million for the quarter. Orla Mining had a net margin of 3.15% and a return on equity of 2.24%. Equities research analysts expect that Orla Mining will post 0.3352878 EPS for the current year.

Insiders Place Their Bets

In related news, insider John Andrew Cormier sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of C$17.61, for a total transaction of C$528,300.00. Also, insider Paul Mann sold 15,864 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of C$18.40, for a total value of C$291,897.60. Following the completion of the sale, the insider directly owned 205,647 shares of the company’s stock, valued at C$3,783,904.80. The trade was a 7.16% decrease in their position. In the last 90 days, insiders sold 77,828 shares of company stock worth $1,376,992. 51.68% of the stock is currently owned by company insiders.

Orla Mining Company Profile

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.