Orla Mining Ltd (ORLA) is looking forward to a strong quarter

With 1.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.84 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $9.5166 whereas the lowest price it dropped to was $8.861. The 52-week range on ORLA shows that it touched its highest point at $9.62 and its lowest point at $3.24 during that stretch. Beta for the stock currently stands at 1.19.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ORLA was up-trending over the past week, with a rise of 16.92%, but this was up by 31.03% over a month. Three-month performance surged to 61.99% while six-month performance rose 115.09%. The stock gained 147.15% in the past year, while it has gained 64.62% so far this year.

Float and Shares Shorts:

At present, 320.87 million ORLA shares are outstanding with a float of 208.25 million shares on hand for trading. On 2025-02-28, short shares totaled 4.08 million, which was 145.00000500000002 higher than short shares on 1738281600. In addition to Mr. Jason Douglas Simpson P.Eng. as the firm’s President, CEO & Director, Mr. Etienne Morin serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.49737 of ORLA’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ORLA reported revenue of $99307000.0 and operating income of $46103000.0. The EBITDA in the recently reported quarter was $59737000.0 and diluted EPS was $0.06.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ORLA since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.40743 being high and $0.34475 being low. For ORLA, this leads to a yearly average estimate of $0.36042. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.