Scotiabank Analysts Raise Earnings Estimates for Orla Mining

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Investment analysts at Scotiabank increased their FY2025 earnings per share estimates for Orla Mining in a research report issued to clients and investors on Friday, January 30th. Scotiabank analyst O. Habib now forecasts that the company will earn $0.81 per share for the year, up from their prior forecast of $0.78. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Orla Mining’s current full-year earnings is $0.24 per share.

Other research analysts have also recently issued research reports about the stock. CIBC reiterated an “outperform” rating on shares of Orla Mining in a research report on Monday, October 20th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Orla Mining in a research note on Monday, January 26th. Natl Bk Canada upgraded shares of Orla Mining to a “strong-buy” rating in a report on Monday, January 12th. Royal Bank Of Canada reissued an “outperform” rating on shares of Orla Mining in a research note on Tuesday, October 21st. Finally, National Bankshares initiated coverage on Orla Mining in a research report on Monday, January 12th. They set an “outperform” rating for the company. Two research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $27.00.

Orla Mining Stock Performance

NYSEAMERICAN:ORLA opened at $15.78 on Monday. The firm has a market capitalization of $5.37 billion, a PE ratio of 121.39 and a beta of 0.30. The stock’s fifty day moving average is $14.59 and its 200 day moving average is $12.22. Orla Mining has a fifty-two week low of $6.24 and a fifty-two week high of $20.05. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.88 and a current ratio of 1.07.

Orla Mining Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 10th. Stockholders of record on Monday, January 12th will be issued a dividend of $0.015 per share. The ex-dividend date is Monday, January 12th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.4%. Orla Mining’s dividend payout ratio is currently -599.40%.

Institutional Trading of Orla Mining

Institutional investors and hedge funds have recently bought and sold shares of the stock. SBI Securities Co. Ltd. lifted its position in Orla Mining by 67.9% in the fourth quarter. SBI Securities Co. Ltd. now owns 4,672 shares of the company’s stock valued at $63,000 after buying an additional 1,889 shares during the last quarter. Anchyra Partners LLC purchased a new stake in shares of Orla Mining in the 4th quarter valued at approximately $189,000. Pictet Asset Management Holding SA lifted its holdings in shares of Orla Mining by 17.8% in the 4th quarter. Pictet Asset Management Holding SA now owns 55,956 shares of the company’s stock worth $754,000 after acquiring an additional 8,471 shares during the last quarter. UBS Group AG boosted its position in shares of Orla Mining by 343.1% during the 4th quarter. UBS Group AG now owns 805,388 shares of the company’s stock worth $10,849,000 after purchasing an additional 623,630 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Orla Mining by 152.1% in the 4th quarter. Vanguard Group Inc. now owns 8,202,861 shares of the company’s stock valued at $110,320,000 after purchasing an additional 4,948,805 shares during the last quarter. 43.04% of the stock is currently owned by hedge funds and other institutional investors.

Orla Mining Company Profile

Orla Mining is a Canada-based mineral exploration and development company focused on advancing gold and silver projects in the Americas. Its flagship asset is the Cerro Quema oxide gold-silver project in Panama, where the company holds approximately 13,000 hectares of mineral concessions. Through feasibility studies and pilot plant testing, Orla has demonstrated the potential of heap leach processing at Cerro Quema, positioning the asset for transition into construction and production phases.

In addition to Cerro Quema, Orla Mining expanded its portfolio in early 2023 with the acquisition of the Gold Springs project located along the Utah–Nevada border in the United States.