Scotiabank Analysts Lower Earnings Estimates for Orla Mining

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Equities researchers at Scotiabank lowered their FY2026 EPS estimates for Orla Mining in a report issued on Friday, January 23rd. Scotiabank analyst O. Habib now forecasts that the company will earn $1.00 per share for the year, down from their prior estimate of $1.02. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Orla Mining’s current full-year earnings is $0.24 per share.

ORLA has been the topic of several other reports. Natl Bk Canada upgraded shares of Orla Mining to a “strong-buy” rating in a research report on Monday, January 12th. CIBC reaffirmed an “outperform” rating on shares of Orla Mining in a research report on Monday, October 20th. Royal Bank Of Canada reissued an “outperform” rating on shares of Orla Mining in a research report on Tuesday, October 21st. National Bankshares started coverage on shares of Orla Mining in a research report on Monday, January 12th. They set an “outperform” rating on the stock. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Orla Mining in a research note on Monday. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $27.00.

Orla Mining Stock Up 1.8%

ORLA stock opened at $18.79 on Monday. The company’s 50 day simple moving average is $14.04 and its 200-day simple moving average is $12.00. Orla Mining has a 52-week low of $5.77 and a 52-week high of $19.87. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.07 and a quick ratio of 0.88. The firm has a market capitalization of $6.39 billion, a P/E ratio of 144.55 and a beta of 0.30.

Orla Mining Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Monday, January 12th will be issued a $0.015 dividend. The ex-dividend date of this dividend is Monday, January 12th. This represents a $0.06 dividend on an annualized basis and a yield of 0.3%. Orla Mining’s dividend payout ratio (DPR) is -599.40%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ORLA. Allspring Global Investments Holdings LLC raised its stake in shares of Orla Mining by 99.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,208,500 shares of the company’s stock valued at $13,031,000 after buying an additional 601,500 shares in the last quarter. Triasima Portfolio Management inc. acquired a new stake in shares of Orla Mining during the 3rd quarter valued at about $2,303,000. Merrion Investment Management Co LLC bought a new stake in Orla Mining in the second quarter valued at about $355,000. Euro Pacific Asset Management LLC acquired a new position in Orla Mining in the third quarter worth about $3,557,000. Finally, CWA Asset Management Group LLC raised its position in Orla Mining by 22.9% in the third quarter. CWA Asset Management Group LLC now owns 3,126,430 shares of the company’s stock worth $33,765,000 after purchasing an additional 582,789 shares in the last quarter. 43.04% of the stock is currently owned by institutional investors and hedge funds.

About Orla Mining

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.