Streetbeat News

ORLA

Orla Mining Ltd.

https://www.orlamining.com

Industry

Gold

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. The company was formerly known as Red Mile Minerals Corp. and changed its name to Orla Mining Ltd. in June 2015. Orla Mining Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Open

3.88

Mkt cap

1.3B

Volume

668K

High

3.96

P/E Ratio

-98.50

52-wk high

5.17

Low

3.84

Div yield

N/A

52-wk low

2.60

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Portfolio Pulse from David Pinsen

April 11, 2024 | 10:28 am

Orla Mining Ltd. has confirmed Carlin-type gold mineralization at its North Bullion deposit and has identified new drill targets across the South Railroad Project. This development could potentially increase the project's gold resources and enhance its overall value.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 10:03 am

Orla Mining (AMEX:ORLA) reported Q4 adjusted EPS of $0.05, surpassing the $0.01 estimate, a 400% beat. Year-over-year, earnings decreased by 28.57% from $0.07, while sales increased by 10.82% from $56.76M to $62.90M.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 6:10 am

Earnings reports for March 19, 2024, include a mix of projected profits and losses across various sectors. Notable companies like Tencent Music, HUYA, Caleres, XPeng, and ZTO Express are among those reporting. The reports span from technology and retail to biotech and mining, indicating a broad market impact.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 10:06 am

Orla Mining (AMEX:ORLA) is scheduled to release its quarterly earnings report on March 19, 2024, with an estimated EPS of $0.01. Historical data shows a pattern of positive price changes following earnings that beat estimates. Shares are currently trading at $3.67, down 20.75% over the last year, indicating potential investor concern ahead of the earnings announcement.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 2:01 pm

Surgery Partners reported weak quarterly sales, causing its shares to fall 7.8%. Other stocks like Intuitive Machines, Nyxoah, Jin Medical International, and several others also recorded losses. Notably, Intuitive Machines dropped 25.1% due to a lunar lander incident, and Kosmos Energy saw a 7% decline despite beating revenue expectations.

Portfolio Pulse from Avi Kapoor

February 26, 2024 | 4:19 pm

Orla Mining announced a 37,677-meter drill program for FY23 focused on infill drilling at the Camino Rojo Sulphides deposit, reporting multiple highly positive drill intersections.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 11:14 am

Orla Mining has announced positive outcomes from its layback and oxide extension drilling at the Camino Rojo Mine, indicating potential for resource expansion and extended mine life.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:12 am

The Panamanian Ministry of Commerce and Industry has denied extension requests for three mining concessions that make up Orla Mining's Cerro Quema Project. The concessions have been canceled, and the area is now designated as a reserve area.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 11:08 am

RBC Capital analyst Michael Siperco has initiated coverage on Orla Mining with an Outperform rating and set a price target of C$6. Orla Mining is listed on the Toronto Stock Exchange under the symbol OLA.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 6:26 pm

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