Scotiabank Estimates Orla Mining’s FY2027 Earnings (TSE:OLA)

Orla Mining Ltd. (TSE:OLA) – Equities research analysts at Scotiabank lifted their FY2027 earnings estimates for shares of Orla Mining in a report released on Wednesday, April 1st. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $1.97 for the year, up from their prior estimate of $1.90. The consensus estimate for Orla Mining’s current full-year earnings is $0.34 per share.

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

Several other research analysts also recently issued reports on the stock. Canadian Imperial Bank of Commerce upped their price target on shares of Orla Mining from C$27.00 to C$32.00 in a report on Wednesday, February 4th. Stifel Nicolaus boosted their price objective on Orla Mining from C$28.00 to C$35.00 in a research report on Tuesday, February 10th. TD Securities lowered their target price on Orla Mining from C$28.00 to C$25.00 in a report on Thursday, January 22nd. National Bank Financial lifted their price target on Orla Mining from C$27.00 to C$29.00 and gave the company an “outperform” rating in a research note on Thursday, January 22nd. Finally, Desjardins boosted their price target on Orla Mining from C$28.00 to C$29.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of C$30.39.

Orla Mining Stock Performance

Shares of Orla Mining stock opened at C$23.69 on Friday. Orla Mining has a fifty-two week low of C$10.43 and a fifty-two week high of C$29.99. The company has a debt-to-equity ratio of 55.82, a current ratio of 1.08 and a quick ratio of 1.22. The firm has a market capitalization of C$8.06 billion, a P/E ratio of 78.97 and a beta of 0.99. The company’s 50 day moving average price is C$23.40 and its two-hundred day moving average price is C$19.46.

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.