Scotiabank Has Negative View of Orla Mining FY2027 Earnings

Orla Mining Ltd. (TSE:OLA) – Stock analysts at Scotiabank lowered their FY2027 earnings per share estimates for shares of Orla Mining in a report issued on Wednesday, May 6th. Scotiabank analyst O. Habib now expects that the company will earn $1.91 per share for the year, down from their previous forecast of $1.92. The consensus estimate for Orla Mining’s current full-year earnings is $0.34 per share.

Orla Mining (TSE:OLA) last released its earnings results on Thursday, March 19th. The company reported C$0.58 earnings per share (EPS) for the quarter. The firm had revenue of C$506.00 million for the quarter. Orla Mining had a return on equity of 22.94% and a net margin of 11.44%.

Several other equities research analysts have also issued reports on the stock. National Bank Financial increased their target price on shares of Orla Mining from C$27.00 to C$29.00 and gave the stock an “outperform” rating in a research note on Thursday, January 22nd. Desjardins set a C$35.00 target price on shares of Orla Mining and gave the stock a “buy” rating in a research note on Thursday, April 23rd. ATB Cormark Capital Markets raised shares of Orla Mining from a “hold” rating to a “moderate buy” rating and increased their target price for the stock from C$25.00 to C$35.00 in a research note on Monday, February 23rd. BMO Capital Markets increased their target price on shares of Orla Mining from C$22.00 to C$30.00 in a research note on Monday, January 26th. Finally, Canadian Imperial Bank of Commerce increased their target price on shares of Orla Mining from C$27.00 to C$32.00 in a research note on Wednesday, February 4th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$31.06.

Orla Mining Stock Performance

Shares of OLA stock opened at C$19.84 on Thursday. The stock has a market cap of C$6.85 billion, a PE ratio of 66.13 and a beta of 1.36. The business has a 50-day simple moving average of C$22.63 and a 200-day simple moving average of C$20.43. The company has a quick ratio of 1.22, a current ratio of 1.08 and a debt-to-equity ratio of 55.82. Orla Mining has a 52-week low of C$11.86 and a 52-week high of C$29.99.

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.