Orla Mining Ltd. (TSE:OLA – Free Report) – Cormark lifted their Q3 2024 earnings per share estimates for shares of Orla Mining in a research report issued to clients and investors on Thursday, May 16th. Cormark analyst R. Gray now forecasts that the company will post earnings of $0.03 per share for the quarter, up from their prior estimate of $0.01. The consensus estimate for Orla Mining’s current full-year earnings is $0.22 per share.
Orla Mining (TSE:OLA – Get Free Report) last issued its earnings results on Tuesday, March 19th. The company reported C$0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.05 by C$0.02. Orla Mining had a negative return on equity of 5.47% and a negative net margin of 9.11%. The business had revenue of C$85.70 million for the quarter.
Check Out Our Latest Stock Analysis on OLA
Orla Mining Stock Up 0.7 %
Shares of TSE:OLA opened at C$5.99 on Monday. Orla Mining has a 52 week low of C$3.53 and a 52 week high of C$6.52. The company has a debt-to-equity ratio of 21.76, a quick ratio of 1.22 and a current ratio of 5.68. The company has a market cap of C$1.91 billion, a PE ratio of -49.92 and a beta of 1.59. The firm has a 50 day simple moving average of C$5.32 and a 200 day simple moving average of C$4.71.
Insiders Place Their Bets
In other Orla Mining news, Director Timothy Quentin Haldane sold 25,000 shares of the company’s stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of C$4.97, for a total value of C$124,362.50. In other Orla Mining news, Director Timothy Quentin Haldane sold 25,000 shares of Orla Mining stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of C$4.97, for a total value of C$124,362.50. Also, Senior Officer John Andrew Cormier sold 35,000 shares of the company’s stock in a transaction dated Friday, May 17th. The stock was sold at an average price of C$5.93, for a total transaction of C$207,438.00. Insiders sold a total of 131,735 shares of company stock worth $753,580 over the last quarter. Company insiders own 34.77% of the company’s stock.
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.
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