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The latest announcement is out from Orla Mining ( (TSE:OLA) ).
Orla Mining has released a positive preliminary economic assessment for an underground project beneath its existing Camino Rojo open-pit mine in Mexico, outlining a standalone sulphide operation with its own processing circuits producing saleable concentrates. The study indicates robust economics, including strong net present value and internal rate of return across gold price scenarios, and average annual gold production of 215,000 ounces over the first decade at competitive all-in sustaining costs.
The company plans a phased de-risking strategy through 2026, including optimization work, exploration decline development, and staged underground drilling ahead of a targeted pre-feasibility study in 2027, aiming to support a future construction decision. With over 4 million ounces of gold-equivalent measured and indicated resources, mineralization remaining open at depth, and potential for multi-decade mine life, the project could significantly enhance Orla’s growth profile and consolidate its position as a long-term Mexican gold producer.
The most recent analyst rating on (TSE:OLA) stock is a Buy with a C$35.00 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.
The score is primarily driven by solid operating performance and growth, tempered by weaker net profitability and negative free cash flow. Technicals show an uptrend but look overextended, while valuation is a meaningful headwind due to the very high P/E. Earnings call commentary is supportive thanks to strong liquidity, record results, and project progress, but cost and operational issues add risk.
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, with its flagship Camino Rojo Mine in Zacatecas, Mexico. The company currently operates an open-pit oxide heap leach operation and is advancing plans to expand into underground sulphide mining, aiming to build a larger-scale, long-life mining complex in the region.
Average Trading Volume: 1,142,631
Technical Sentiment Signal: Buy
Current Market Cap: C$7.88B
Learn more about OLA stock on TipRanks’ Stock Analysis page.