Orla Mining (TSE:OLA) Stock Price Expected to Rise, Scotiabank Analyst Says

Orla Mining (TSE:OLA) had its price target boosted by equities researchers at Scotiabank from C$21.00 to C$26.50 in a research report issued to clients and investors on Monday,BayStreet.CA reports. Scotiabank’s price objective indicates a potential upside of 0.61% from the stock’s current price. Scotiabank also issued estimates for Orla Mining’s FY2026 earnings at $1.38 EPS and FY2027 earnings at $1.24 EPS.

Several other research analysts have also issued reports on OLA. Desjardins raised their price target on Orla Mining from C$28.00 to C$29.00 and gave the stock a “buy” rating in a research report on Friday. National Bankshares increased their target price on Orla Mining from C$27.00 to C$29.00 and gave the company an “outperform” rating in a research note on Thursday. Natl Bk Canada upgraded Orla Mining to a “strong-buy” rating in a report on Monday, January 12th. TD Securities lowered their price target on Orla Mining from C$28.00 to C$25.00 in a research note on Thursday. Finally, CIBC lifted their price objective on shares of Orla Mining from C$25.00 to C$27.00 in a research note on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$25.44.

Orla Mining Trading Up 4.3%

Shares of TSE OLA traded up C$1.08 during mid-day trading on Monday, hitting C$26.34. The company’s stock had a trading volume of 848,422 shares, compared to its average volume of 885,445. Orla Mining has a one year low of C$8.34 and a one year high of C$27.22. The company’s fifty day simple moving average is C$19.28 and its 200-day simple moving average is C$16.54. The company has a debt-to-equity ratio of 12.68, a current ratio of 4.54 and a quick ratio of 1.22. The stock has a market cap of C$8.95 billion, a price-to-earnings ratio of 164.63 and a beta of 0.29.

Orla Mining (TSE:OLA) last announced its quarterly earnings data on Tuesday, November 11th. The company reported C$0.22 earnings per share (EPS) for the quarter. Orla Mining had a net margin of 3.15% and a return on equity of 2.24%. The firm had revenue of C$382.88 million for the quarter. On average, sell-side analysts anticipate that Orla Mining will post 0.3352878 earnings per share for the current fiscal year.

Insider Buying and Selling at Orla Mining

In other news, insider Paul Mann sold 15,864 shares of the stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of C$18.40, for a total transaction of C$291,897.60. Following the completion of the sale, the insider owned 205,647 shares of the company’s stock, valued at C$3,783,904.80. This represents a 7.16% decrease in their ownership of the stock. Also, insider John Andrew Cormier sold 30,000 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of C$17.61, for a total transaction of C$528,300.00. Over the last quarter, insiders have sold 77,828 shares of company stock valued at $1,376,992. 51.68% of the stock is currently owned by corporate 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.