Orla Mining Ltd. (NYSEAMERICAN:ORLA – Free Report) – Research analysts at Desjardins issued their Q1 2024 earnings estimates for Orla Mining in a research note issued to investors on Tuesday, April 23rd. Desjardins analyst J. Sclodnick forecasts that the company will post earnings per share of $0.03 for the quarter. The consensus estimate for Orla Mining’s current full-year earnings is $0.12 per share.
Orla Mining Stock Performance
Shares of ORLA opened at $3.98 on Thursday. The company has a market capitalization of $1.25 billion, a PE ratio of 25.06 and a beta of 0.88. The company has a debt-to-equity ratio of 0.23, a current ratio of 5.07 and a quick ratio of 4.04. Orla Mining has a fifty-two week low of $2.60 and a fifty-two week high of $4.82.
Institutional Investors Weigh In On Orla Mining
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rathbones Group PLC increased its position in Orla Mining by 37.4% during the 4th quarter. Rathbones Group PLC now owns 20,950 shares of the company’s stock valued at $69,000 after purchasing an additional 5,700 shares during the period. CIBC Asset Management Inc increased its position in Orla Mining by 2.5% during the 4th quarter. CIBC Asset Management Inc now owns 236,826 shares of the company’s stock valued at $775,000 after purchasing an additional 5,771 shares during the period. Barclays PLC increased its position in Orla Mining by 6.2% during the 3rd quarter. Barclays PLC now owns 106,763 shares of the company’s stock valued at $381,000 after purchasing an additional 6,201 shares during the period. First Personal Financial Services increased its position in Orla Mining by 22.1% during the 4th quarter. First Personal Financial Services now owns 38,115 shares of the company’s stock valued at $124,000 after purchasing an additional 6,905 shares during the period. Finally, HighTower Advisors LLC increased its position in Orla Mining by 12.2% during the 3rd quarter. HighTower Advisors LLC now owns 80,617 shares of the company’s stock valued at $290,000 after purchasing an additional 8,780 shares during the period. 43.04% of the stock is currently owned by institutional investors.
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.
Featured Stories
- Five stocks we like better than Orla Mining
- Earnings Per Share Calculator: How to Calculate EPS
- Nucor Stock Earnings Riding the Steel Industry Wave
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Simpson Manufacturing: Buy This Future Dividend King While Down
- What Do S&P 500 Stocks Tell Investors About the Market?
- Is Boeing Stock About to Soar Higher?
Receive News & Ratings for Orla Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orla Mining and related companies with MarketBeat.com's FREE daily email newsletter.