Orla Mining Ltd. (ORLA) to Issue Quarterly Dividend of $0.02 on June 9th

Orla Mining Ltd. (NYSEAMERICAN:ORLA) declared a quarterly dividend on Monday, May 11th. Stockholders of record on Tuesday, May 26th will be given a dividend of 0.015 per share on Tuesday, June 9th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Tuesday, May 26th.

Orla Mining Stock Performance

Orla Mining stock opened at $12.00 on Friday. The business has a 50 day moving average of $15.07 and a 200-day moving average of $15.02. Orla Mining has a 1 year low of $9.16 and a 1 year high of $21.98. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.06 and a quick ratio of 0.88. The company has a market capitalization of $4.15 billion, a P/E ratio of 17.65 and a beta of 0.20.

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.