Desjardins Issues Positive Estimate for Orla Mining Earnings

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Desjardins raised their FY2026 earnings estimates for shares of Orla Mining in a research report issued to clients and investors on Thursday, January 16th. Desjardins analyst A. Carson now expects that the company will post earnings of $0.36 per share for the year, up from their previous forecast of $0.27. Desjardins has a “Moderate Buy” rating on the stock. The consensus estimate for Orla Mining’s current full-year earnings is $0.20 per share.

Separately, Scotiabank raised Orla Mining from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 27th.

Orla Mining Trading Up 3.3 %

Shares of ORLA opened at $5.95 on Monday. The company has a quick ratio of 3.95, a current ratio of 4.54 and a debt-to-equity ratio of 0.12. Orla Mining has a 1-year low of $3.16 and a 1-year high of $6.05. The stock has a market cap of $1.91 billion, a price-to-earnings ratio of -594.41 and a beta of 0.69.

Orla Mining (NYSEAMERICAN:ORLA) last released its quarterly earnings results on Tuesday, November 12th. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.03). The business had revenue of $99.31 million for the quarter. Orla Mining had a return on equity of 17.04% and a net margin of 1.42%.

Hedge Funds Weigh In On Orla Mining

A number of institutional investors and hedge funds have recently modified their holdings of ORLA. CWA Asset Management Group LLC grew its holdings in shares of Orla Mining by 20.6% during the fourth quarter. CWA Asset Management Group LLC now owns 1,786,415 shares of the company’s stock worth $9,897,000 after purchasing an additional 304,748 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Orla Mining by 262.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 284,408 shares of the company’s stock worth $1,138,000 after buying an additional 205,911 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in Orla Mining in the third quarter valued at approximately $90,000. Barclays PLC boosted its holdings in shares of Orla Mining by 86.5% in the third quarter. Barclays PLC now owns 47,177 shares of the company’s stock valued at $189,000 after acquiring an additional 21,877 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Orla Mining by 11.9% during the third quarter. Geode Capital Management LLC now owns 114,628 shares of the company’s stock worth $463,000 after acquiring an additional 12,159 shares during the last quarter. Institutional investors and hedge funds 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.