Orla Mining (ORLA) Expected to Announce Earnings on Tuesday

Orla Mining (NYSEAMERICAN:ORLA) is projected to post its quarterly earnings results before the market opens on Tuesday, March 18th. Analysts expect Orla Mining to post earnings of $0.08 per share and revenue of $95.04 million for the quarter.

Orla Mining Stock Up 5.1 %

NYSEAMERICAN:ORLA opened at $8.71 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. The stock’s fifty day moving average price is $6.48. Orla Mining has a 52 week low of $3.24 and a 52 week high of $8.78. The firm has a market capitalization of $2.81 billion, a PE ratio of -870.13 and a beta of 0.71.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. TD Cowen assumed coverage on Orla Mining in a research report on Tuesday, February 4th. They set a “hold” rating on the stock. TD Securities raised Orla Mining to a “hold” rating in a research report on Tuesday, February 4th. Finally, Scotiabank raised Orla Mining from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 27th. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $6.13.

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.