Orla Mining Hits Gold Production High, Boosts Forecast
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Orla Mining Hits Gold Production High, Boosts Forecast

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Orla Mining (TSE:OLA) has released an update.

Orla Mining Ltd. reports a record gold production of 43,788 ounces in Q3 2024 at its Camino Rojo Oxide Mine, resulting in an increased annual production forecast of 130,000 to 140,000 ounces. Along with the operational success, the company has improved its financial position, repaying $20 million of its revolving credit and reporting a robust cash position of $180.9 million.

For further insights into TSE:OLA stock, check out TipRanks’ Stock Analysis page.

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