Orla Mining(ORLA)

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Surging Earnings Estimates Signal Upside for Orla Mining (ORLA) Stock
ZACKS· 2025-06-06 17:21
Orla Mining Ltd. (ORLA) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions ...
Is Orla Mining (ORLA) Outperforming Other Basic Materials Stocks This Year?
ZACKS· 2025-05-27 14:45
For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Orla Mining Ltd. (ORLA) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question.Orla Mining Ltd. is a member of the Basic Materials sector. This group includes 232 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Se ...
Here is Why Growth Investors Should Buy Orla Mining (ORLA) Now
ZACKS· 2025-05-20 18:16
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks w ...
Orla Mining(ORLA) - 2025 Q1 - Quarterly Report
2025-05-12 14:17
Exhibit 99.1 Condensed Interim Consolidated Financial Statements Three months ended March 31, 2025 and 2024 Presented in United States dollars ORLA MINING LTD. Condensed Interim Consolidated Balance Sheets (Unaudited - thousands of United States dollars) | | | | March 31, | | December 31, | | --- | --- | --- | --- | --- | --- | | | | | 2025 | | 2024 | | ASSETS | | | | | | | Current assets | | | | | | | Cash | | $ | 184,231 | $ | 160,849 | | Trade and other receivables | | | 4,637 | | 229 | | Derivative asse ...
Orla Mining: Growth Turns To Medium-Tier Gold Mining, Steady Progress Amidst Gold Rush
Seeking Alpha· 2025-04-02 06:18
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or ...
Orla Mining(ORLA) - 2024 Q4 - Earnings Call Transcript
2025-03-19 18:07
Orla Mining Ltd. (NYSE:ORLA) Q4 2024 Earnings Conference Call March 19, 2025 10:00 AM ET Company Participants Andrew Bradbury - VP, IR and Corporate Development Jason Simpson - President and CEO Andrew Cormier - COO Etienne Morin - CFO Sylvain Guerard - SVP, Exploration Silvana Costa - Chief Sustainability Officer Conference Call Participants Wayne Lam - TD Securities Operator Good morning, ladies and gentlemen, and welcome to Orla Mining's Conference Call for the Fourth Quarter and Year End 2024 Results. M ...
Orla Mining(ORLA) - 2024 Q4 - Annual Report
2025-03-18 22:20
Production and Financial Performance - Fourth quarter gold production was 26,531 ounces, with total annual production for 2024 reaching 136,748 ounces, achieving the improved guidance range of 130,000 to 140,000 ounces[5]. - Net income for the fourth quarter was $26.1 million, or $0.08 per share, with adjusted earnings of $22.0 million, or $0.07 per share[5]. - Q4 2024 revenue reached $92,763 million, a 47.5% increase from $62,946 million in Q4 2023; year-to-date (YTD) revenue for 2024 was $343,918 million, up 47.2% from $233,643 million in YTD 2023[33]. - Gold sales in Q4 2024 were $88,856 million, compared to $61,780 million in Q4 2023, with ounces of gold sold increasing to 33,288 from 31,300 year-over-year[33]. - Adjusted earnings for Q4 2024 were $21,982 million, up 40% from $15,702 million in Q4 2023; YTD adjusted earnings were $81,070 million, a 69.8% increase from $47,751 million in YTD 2023[37]. - Free cash flow for Q4 2024 was $39,380 million, compared to a negative $8,159 million in Q4 2023; YTD free cash flow was $152,681 million, up from $23,568 million in YTD 2023[39]. Costs and Expenses - Fourth quarter all-in sustaining cost (AISC) was $826 per ounce, while full-year AISC was $805 per ounce, at the low end of the guidance range of $800 to $900 per ounce[5]. - Cash cost per ounce sold in Q4 2024 was $550, slightly higher than $536 in Q4 2023; YTD cash cost per ounce sold was $524, compared to $506 in YTD 2023[41]. - All-in sustaining cost per ounce sold in Q4 2024 was $826, up from $802 in Q4 2023; YTD all-in sustaining cost per ounce sold was $805, compared to $736 in YTD 2023[41]. - Exploration and evaluation expenses for Q4 2024 were $9,549 million, slightly higher than $9,316 million in Q4 2023; YTD exploration expenses were $34,595 million, compared to $34,616 million in YTD 2023[43]. Cash Flow and Financial Position - Cash flow from operating activities before changes in non-cash working capital during the fourth quarter was $46.0 million, with a cash balance of $161 million and no debt at year-end[5]. - The company ended 2024 with a net cash position of $160.8 million, significantly improved from $8.3 million in 2023[6]. - Net cash at the end of Q4 2024 was $160,849 million, significantly higher than $8,282 million at the end of Q4 2023[35]. Future Guidance and Investments - The acquisition of the Musselwhite Mine for $810 million plus $40 million in contingent consideration is expected to more than double Orla's gold production[5][9]. - The company plans to invest $30 million in exploration across Mexico and Nevada in 2025, with a focus on the Musselwhite Mine[14]. - Preliminary 2025 guidance includes gold production from Camino Rojo estimated at 110,000 to 120,000 ounces, with total cash costs projected between $625 and $725 per ounce sold[24]. Exploration Activities - Exploration activities in 2024 included 61,384 meters drilled, with significant results at the South Carlin Complex in Nevada[14][16]. Risks and Challenges - The company has outlined potential risks including fluctuations in gold prices, operational challenges, and regulatory compliance that may impact future performance[44]. - The company anticipates continued production growth and cost management improvements, with a focus on exploration and development expenditures in the upcoming periods[44].
Orla Mining Ltd. (ORLA) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-02-10 18:05
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Looking for a Growth Stock? 3 Reasons Why Orla Mining (ORLA) is a Solid Choice
ZACKS· 2025-02-06 18:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores ...
3 Reasons Why Orla Mining (ORLA) Is a Great Growth Stock
ZACKS· 2025-01-21 18:45
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the trad ...