Brokers Issue Forecasts for Orla Mining Ltd.’s FY2022 Earnings (TSE:OLA)
Orla Mining Ltd. (TSE:OLA – Get Rating) – Investment analysts at Cormark reduced their FY2022 EPS estimates for shares of Orla Mining in a note issued to investors on Tuesday, June 14th. Cormark analyst R. Gray now expects that the company will post earnings of $0.25 per share for the year, down from their previous estimate of $0.26. Cormark has a “Buy” rating and a $7.50 price objective on the stock. The consensus estimate for Orla Mining’s current full-year earnings is $0.37 per share.
Orla Mining (TSE:OLA – Get Rating) last issued its earnings results on Thursday, May 12th. The company reported C$0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.05 by C$0.05. The company had revenue of C$49.92 million for the quarter.
Shares of TSE:OLA opened at C$4.56 on Thursday. The firm has a fifty day moving average of C$5.42 and a two-hundred day moving average of C$5.25. The firm has a market capitalization of C$1.15 billion and a P/E ratio of 268.24. Orla Mining has a 12-month low of C$3.71 and a 12-month high of C$6.59. The company has a quick ratio of 1.22, a current ratio of 1.52 and a debt-to-equity ratio of 61.73.
Orla Mining Company Profile (Get Rating)
Orla Mining Ltd. acquires, explores for, and develops 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 163,129 hectares located in Zacatecas, Mexico; and Cerro Quema project totaling an area of 14,800 hectares located in the Azuero Peninsula, Panama.
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