Orla Mining (TSE:OLA) Given New C$8.75 Price Target at Scotiabank

Orla Mining (TSE:OLA) had its price target increased by Scotiabank from C$7.75 to C$8.75 in a report released on Wednesday,BayStreet.CA reports. Scotiabank also issued estimates for Orla Mining’s FY2025 earnings at $0.53 EPS and FY2026 earnings at $0.73 EPS.

OLA has been the subject of several other reports. Stifel Nicolaus lifted their price objective on shares of Orla Mining from C$8.00 to C$9.75 in a research note on Monday, December 2nd. CIBC upped their price target on shares of Orla Mining from C$8.50 to C$9.25 in a report on Tuesday, December 17th. Finally, Desjardins raised shares of Orla Mining to a “moderate buy” rating in a research note on Thursday, October 31st.

Orla Mining Price Performance

Shares of Orla Mining stock opened at C$8.38 on Wednesday. The stock has a market cap of C$2.68 billion, a price-to-earnings ratio of -167.60 and a beta of 1.57. The company has a debt-to-equity ratio of 17.76, a quick ratio of 1.22 and a current ratio of 5.89. The stock has a 50 day moving average price of C$7.29 and a 200-day moving average price of C$6.24. Orla Mining has a one year low of C$4.07 and a one year high of C$8.67.

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.