Orla Mining Ltd. (NYSEAMERICAN:ORLA – Free Report) – Stock analysts at Scotiabank dropped their FY2026 EPS estimates for shares of Orla Mining in a research note issued on Wednesday, March 19th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $0.46 for the year, down from their prior estimate of $0.51. Scotiabank has a “Strong-Buy” rating on the stock. The consensus estimate for Orla Mining’s current full-year earnings is $0.24 per share.
Other equities analysts have also issued reports about the stock. Stifel Canada upgraded shares of Orla Mining to a “strong-buy” rating in a research report on Wednesday, March 19th. TD Securities raised Orla Mining to a “hold” rating in a report on Tuesday, February 4th. Finally, TD Cowen assumed coverage on Orla Mining in a research note on Tuesday, February 4th. They set a “hold” rating on the stock. Two 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $6.13.
Orla Mining Stock Performance
NYSEAMERICAN ORLA opened at $9.14 on Monday. The company has a fifty day moving average price of $6.97. The company has a current ratio of 4.54, a quick ratio of 3.95 and a debt-to-equity ratio of 0.12. The firm has a market cap of $2.95 billion, a P/E ratio of -913.09 and a beta of 0.71. Orla Mining has a one year low of $3.24 and a one year high of $9.62.
Institutional Investors Weigh In On Orla Mining
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. FMR LLC boosted its position in shares of Orla Mining by 17.3% during the 4th quarter. FMR LLC now owns 24,065,292 shares of the company’s stock worth $133,264,000 after purchasing an additional 3,553,481 shares during the period. Franklin Resources Inc. lifted its stake in Orla Mining by 0.4% during the 4th quarter. Franklin Resources Inc. now owns 7,578,812 shares of the company’s stock worth $41,914,000 after acquiring an additional 31,700 shares in the last quarter. Amundi lifted its stake in Orla Mining by 6.7% during the 4th quarter. Amundi now owns 2,475,689 shares of the company’s stock worth $14,483,000 after acquiring an additional 155,200 shares in the last quarter. Hillsdale Investment Management Inc. purchased a new position in Orla Mining during the 4th quarter valued at about $11,944,000. Finally, CWA Asset Management Group LLC grew its position in Orla Mining by 20.6% in 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 acquiring an additional 304,748 shares in 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, 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.
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