Orla Mining Achieves Record Gold Production and Strengthens Financial Position

The latest announcement is out from Orla Mining ( (TSE:OLA) ).

Orla Mining Ltd. announced a record annual gold production of 136,748 ounces for 2024, surpassing its improved guidance and achieving a 19% increase from the initial projections. The company also repaid its $58.4 million debt, resulting in a cash position of $160.8 million by year-end, reflecting a strong financial and operational footing heading into 2025.

More about Orla Mining

Orla Mining Ltd. is a mining company involved in the production of gold, with a focus on its Camino Rojo Oxide Mine.

YTD Price Performance: -1.53%

Average Trading Volume: 406,321

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$2.62B

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