Orla Mining (ORLA)
:ORLA
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Earnings Data
Report Date
Jul 30, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.4Last Year’s EPS
0.2Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strong positive operational and financial picture driven by the Musselwhite acquisition, robust cash generation, strengthened liquidity, initiation of dividends, successful permitting at Camino Rojo and compelling project economics for South Railroad. These highlights outweigh the operational setbacks and higher near-term costs related to the Camino Rojo pit wall event, prepay obligations, contingent payments and deeper mining cost risks at Musselwhite. Management articulated clear plans to address material handling and to proceed with development projects, and the company appears positioned to fund growth while returning capital to shareholders.Company Guidance
Material Increase in Annual Production (Musselwhite Acquisition)
Orla more than doubled annual gold production following the Musselwhite acquisition (>100% increase year-over-year). Musselwhite produced nearly 76,000 ounces of gold in Q4 after mining 371,000 tonnes and processing 361,000 tonnes at a mill grade of 6.77 g/t with 95.65% recovery.
Record Throughput and Operational Stability at Musselwhite
Musselwhite achieved 6 consecutive months of consistent ore production, averaging approximately 3,800 tonnes per day (6-month rolling average), the highest throughput since at least 2012; Q4 lateral development totaled 3,338 meters and six drills are currently underground.
Strong Quarterly Financial Performance
Q4 revenue of $378 million from the sale of just under 93,000 ounces at a realized price of $4,025/oz (including prepay); excluding prepay, average realized price was $4,187/oz. Net income of $79 million ($0.23/share) and adjusted earnings of $143 million ($0.42/share).
Robust Cash Generation and Liquidity Position
Cash flow from operations before changes in working capital was $165 million in Q4 with free cash flow of $133 million. Cash balance at year-end was $421 million and total liquidity $481 million (including undrawn revolver).
Capital Return and Deleveraging Actions
Initiated first quarterly dividend (initial payment made in February). Subsequently repaid $30 million on revolving credit facility (bringing outstanding balance to $60 million), demonstrating commitment to balanced capital allocation across growth, exploration, deleveraging and returns.
Advancement and Permitting Success at Camino Rojo
Mexican authorities approved the environmental impact statement and change of land use at Camino Rojo, permitting mining of the remainder of the oxide pit and construction of an exploration drift; a PEA for the underground project projects annual production >220,000 oz over first 10 years (doubling current output).
South Railroad: Strong Project Economics and Construction Readiness
Optimized feasibility study for South Railroad (Nevada) shows average 130,000 oz/year over first 5 years at AISC ~$1,485/oz; at $4,500/oz gold price delivers after-tax NPV of $1.7 billion and ~95% IRR. Engineering ~38% complete, initial capital estimate ~$395 million, targeting final record of decision mid-2026 and first production in 2028.
Exploration Momentum and Resource Upside
Musselwhite deep directional drilling (12,500+ m in 2025) confirms mineralization continues at least 2 km beyond current operations; >32,000 m of underground drilling in 2025 delivered multiple strong intersections supporting reserve replacement. Camino Rojo completed ~22,000 m of drilling supporting updated underground resource and upcoming PFS inputs.
ORLA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ORLA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $15.04 | $14.81 | -1.53% |
Mar 19, 2026 | $13.37 | $14.03 | +4.94% |
Nov 11, 2025 | $10.57 | $12.03 | +13.81% |
Aug 11, 2025 | $10.08 | $10.29 | +2.08% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Orla Mining (ORLA) report earnings?
Orla Mining (ORLA) is schdueled to report earning on Jul 30, 2026, TBA (Confirmed).
What is Orla Mining (ORLA) earnings time?
Orla Mining (ORLA) earnings time is at Jul 30, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ORLA EPS forecast?
ORLA EPS forecast for the fiscal quarter 2026 (Q2) is 0.4.