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Orla Mining ( (TSE:OLA) ) just unveiled an announcement.
Orla Mining has completed an optimized feasibility study for its South Railroad gold project in Nevada and approved the start of construction-related spending, with full construction targeted to begin in mid-2026 pending final permits. The study confirms robust economics and strong margins at current and higher gold price assumptions, underpinned by an initial capital cost estimate of US$395 million, a planned average annual production of 130,000 ounces of gold over the first five years, and a fully funded development plan supported by existing cash flow and cash on hand. As a FAST-41 covered project, South Railroad benefits from a clearer federal permitting path and is expected to become Orla’s third operating mine, lifting total company production to nearly 500,000 ounces annually and reinforcing its strategic position in Nevada, while the broader South Carlin Complex offers significant district-scale resource growth and potential mine life extensions.
The most recent analyst rating on (TSE:OLA) stock is a Hold with a C$23.00 price target. To see the full list of analyst forecasts on Orla Mining stock, see the TSE:OLA Stock Forecast page.
Spark’s Take on TSE:OLA Stock
According to Spark, TipRanks’ AI Analyst, TSE:OLA is a Neutral.
Orla Mining’s overall stock score is driven by strong earnings call highlights and positive corporate events, indicating growth potential. However, high P/E ratio and cash flow challenges weigh down the score.
To see Spark’s full report on TSE:OLA stock, click here.
More about Orla Mining
Orla Mining Ltd. is a precious metals producer focused on gold mining and development in North America, with operating mines and growth projects including the South Carlin Complex in Nevada’s prolific Carlin Trend. The company is expanding its portfolio through construction-ready projects aimed at increasing consolidated gold output and leveraging strong mining jurisdictions to enhance its long-term production base.
Average Trading Volume: 1,175,487
Technical Sentiment Signal: Buy
Current Market Cap: C$6.99B
See more data about OLA stock on TipRanks’ Stock Analysis page.