Scotiabank Has Weak Estimate for Orla Mining FY2026 Earnings

Orla Mining Ltd. (TSE:OLA) – Scotiabank decreased their FY2026 earnings per share (EPS) estimates for Orla Mining in a report released on Wednesday, March 19th. Scotiabank analyst O. Habib now anticipates that the company will earn $0.66 per share for the year, down from their previous forecast of $0.73. The consensus estimate for Orla Mining’s current full-year earnings is $0.34 per share.

A number of other equities analysts have also recently issued reports on the company. Stifel Nicolaus set a C$15.50 target price on Orla Mining and gave the stock a “buy” rating in a report on Wednesday, March 19th. TD Securities upgraded shares of Orla Mining to a “hold” rating in a research note on Tuesday, February 4th. Cormark increased their price target on Orla Mining from C$10.00 to C$12.00 in a research note on Thursday, March 20th. CIBC increased their price target on shares of Orla Mining from C$11.50 to C$13.75 and gave the company an “outperform” rating in a report on Wednesday, March 19th. Finally, Stifel Canada upgraded Orla Mining to a “strong-buy” rating in a research report on Wednesday, March 19th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Orla Mining presently has a consensus rating of “Buy” and an average price target of C$11.86.

Orla Mining Stock Performance

Shares of OLA stock opened at C$13.03 on Monday. Orla Mining has a 52 week low of C$4.60 and a 52 week high of C$13.76. The company has a debt-to-equity ratio of 12.68, a quick ratio of 1.22 and a current ratio of 4.54. The company’s 50 day moving average price is C$10.22 and its two-hundred day moving average price is C$7.95. The company has a market capitalization of C$2.95 billion, a P/E ratio of 278.51 and a beta of 1.57.

Insider Activity at Orla Mining

In other news, Director Jean Robitaille sold 42,906 shares of Orla Mining stock in a transaction dated Monday, March 24th. The stock was sold at an average price of C$13.00, for a total transaction of C$557,778.00. Also, Director Charles A. Jeannes sold 15,023 shares of the business’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of C$12.86, for a total transaction of C$193,257.37. Insiders have sold 135,399 shares of company stock valued at $1,758,145 over the last three months. 51.68% of the stock is owned by insiders.

Orla Mining Company Profile

Orla Mining Ltd is a mineral exploration company. It is engaged in the acquisition and exploration of mineral properties. The company holds two gold projects; the Camino Rojo gold and silver project in Zacatecas State, Mexico, and the Cerro Quema gold project in Panama. It conducts business activities in the geographic areas of Mexico, Panama, the United States, and Canada.