What is Cormark’s Estimate for Orla Mining FY2026 Earnings?

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Equities researchers at Cormark reduced their FY2026 earnings per share estimates for shares of Orla Mining in a note issued to investors on Thursday, March 20th. Cormark analyst R. Gray now anticipates that the company will earn $0.74 per share for the year, down from their prior forecast of $0.90. The consensus estimate for Orla Mining’s current full-year earnings is $0.24 per share.

Several other analysts also recently issued reports on the stock. TD Securities raised shares of Orla Mining to a “hold” rating in a report on Tuesday, February 4th. Scotiabank raised Orla Mining from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 27th. Stifel Canada raised Orla Mining to a “strong-buy” rating in a research note on Wednesday, March 19th. Finally, TD Cowen assumed coverage on shares of Orla Mining in a research note on Tuesday, February 4th. They issued a “hold” rating for the company. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $6.13.

Orla Mining Stock Performance

ORLA opened at $9.14 on Monday. The stock has a market capitalization of $2.95 billion, a P/E ratio of -913.09 and a beta of 0.71. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.95 and a current ratio of 4.54. Orla Mining has a one year low of $3.24 and a one year high of $9.62. The business’s fifty day moving average price is $6.97.

Institutional Trading of Orla Mining

A number of hedge funds have recently added to or reduced their stakes in ORLA. Geode Capital Management LLC raised its position in shares of Orla Mining by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 116,293 shares of the company’s stock worth $650,000 after buying an additional 1,665 shares during the period. Walleye Capital LLC increased its position in Orla Mining by 10.2% during the 4th quarter. Walleye Capital LLC now owns 19,128 shares of the company’s stock worth $106,000 after purchasing an additional 1,764 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of Orla Mining by 0.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 452,000 shares of the company’s stock valued at $2,500,000 after acquiring an additional 2,000 shares during the period. Gotham Asset Management LLC lifted its holdings in shares of Orla Mining by 11.8% during the 4th quarter. Gotham Asset Management LLC now owns 19,393 shares of the company’s stock valued at $107,000 after acquiring an additional 2,048 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its position in Orla Mining by 2.0% during the 4th quarter. D.A. Davidson & CO. now owns 392,364 shares of the company’s stock worth $2,174,000 after purchasing an additional 7,667 shares during the period. 43.04% of the stock is owned by institutional investors and hedge funds.

Orla Mining Company Profile

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.