FY2028 EPS Estimates for Orla Mining Raised by Stifel Canada

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Stock analysts at Stifel Canada lifted their FY2028 earnings per share estimates for shares of Orla Mining in a research note issued on Wednesday, October 22nd. Stifel Canada analyst I. Rico now forecasts that the company will earn $2.74 per share for the year, up from their prior estimate of $1.63. The consensus estimate for Orla Mining’s current full-year earnings is $0.24 per share.

A number of other equities research analysts have also recently weighed in on the company. CIBC restated an “outperform” rating on shares of Orla Mining in a research note on Monday, October 20th. Royal Bank Of Canada restated an “outperform” rating on shares of Orla Mining in a research note on Tuesday, October 21st. Finally, Scotiabank restated an “outperform” rating on shares of Orla Mining in a research note on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Orla Mining presently has an average rating of “Moderate Buy” and a consensus target price of $27.00.

Orla Mining Stock Up 1.6%

ORLA opened at $10.48 on Monday. Orla Mining has a 1-year low of $3.81 and a 1-year high of $13.91. The stock’s fifty day simple moving average is $11.16 and its 200 day simple moving average is $10.76. The company has a current ratio of 0.85, a quick ratio of 0.66 and a debt-to-equity ratio of 0.76. The stock has a market cap of $3.54 billion, a PE ratio of 209.64 and a beta of 0.33.

Institutional Trading of Orla Mining

Large investors have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC grew its holdings in shares of Orla Mining by 11.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 504,000 shares of the company’s stock worth $4,708,000 after purchasing an additional 52,000 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new stake in Orla Mining in the first quarter valued at about $238,000. American Century Companies Inc. boosted its stake in Orla Mining by 1.9% in the first quarter. American Century Companies Inc. now owns 440,059 shares of the company’s stock valued at $4,110,000 after buying an additional 8,399 shares in the last quarter. HighTower Advisors LLC acquired a new stake in shares of Orla Mining during the first quarter valued at about $183,000. Finally, Deutsche Bank AG boosted its stake in shares of Orla Mining by 14.0% during the first quarter. Deutsche Bank AG now owns 29,021 shares of the company’s stock valued at $271,000 after purchasing an additional 3,575 shares in the last quarter. 43.04% of the stock is 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.