Orla Mining (OLA) AI Stock Analysis

• Market Cap: C$4.82B
• Dividend Yield: N/A
• Average Volume (3M): 549.55K
• Price to Earnings (P/E): 40.4
• Beta (1Y): 1.04
• Revenue Growth: 72.95%
• EPS Growth: 97.10%
• Country: CA
• Employees: 354
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Gold
• EPS (TTM): 0.16
• Shares Outstanding: 325,124,270
• 10 Day Avg. Volume: 597,297
• 30 Day Avg. Volume: 549,551
• PEG Ratio: -0.10
• Price to Book (P/B): 2.91
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 14.95
• Enterprise Value/Market Cap: 0.25
• Enterprise Value/Revenue: 1.02
• Enterprise Value/Gross Profit: 5.56
• Enterprise Value/Ebitda: 2.45
• 1Y Price Target: C$17.08
• Price Target Upside: 15.09% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

• Rating: 76 Outperform
• Price Target: C$17.00 ▲(14.56%Upside)

Orla Mining's strong financial performance and strategic corporate actions are the primary drivers of its score. However, the negative P/E ratio and lack of a dividend yield present valuation concerns. The positive market momentum and strategic expansions, including the Musselwhite acquisition, support a generally favorable outlook.

Positive Factors

Financial Health

The company had a cash balance of $161M with zero debt, having paid off the outstanding balance of its revolver.

Growth Strategy

Orla accelerates its production growth profile to over 300,000oz/year while still maintaining further leverage from its portfolio of development assets.

Production Results

Camino Rojo extended its run of strong production results with 29,973oz gold produced as tonnes stacked was above nameplate once again.

Negative Factors

Market Valuation

This entry into the Canadian jurisdiction is an accretive transaction that creates value, will allow the market to continue to revalue the company as it builds an operations track record at Musselwhite, pays down debt and delivers future growth from its deep portfolio.

Operational Expectations

With the acquisition of Musselwhite, the market will be watching for Orla to repeat its operational success.

Orla Mining Business Overview & Revenue Model

Company Description

Orla Mining Ltd. acquires, explores for, and develops mineral properties. The company explores for gold, silver, zinc, lead, and copper deposits. It owns 100% interests in the Camino Rojo project that consists of seven concessions covering an area of 163,129 hectares located in Zacatecas, Mexico; and Cerro Quema project totaling an area of 14,800 hectares located in the Azuero Peninsula, Panama. The company was formerly known as Red Mile Minerals Corp. and changed its name to Orla Mining Ltd. in June 2015. Orla Mining Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Orla Mining makes money primarily through the exploration, development, and eventual production of gold and other precious metals from its mining assets. The company generates revenue by extracting and selling these metals to various buyers, including industrial companies, metal traders, and financial institutions. Orla's key revenue streams include the sale of gold and potentially other by-products extracted during mining operations. Additionally, the company may enter into strategic partnerships or joint ventures to enhance its operational capabilities and expand its resource base, contributing to its earnings. Factors such as mineral prices, operational efficiency, and successful exploration and development initiatives significantly influence Orla Mining's profitability.

Orla Mining Financial Statement Overview

Summary

Orla Mining exhibits strong financial performance with substantial revenue growth, improved profitability, and strong cash flows. The balance sheet is solid with low leverage and high equity ratios, indicating robust financial health and stability.

Income Statement

Orla Mining has shown impressive revenue growth, with a 47.17% increase from the previous year. The gross profit margin stands at a healthy 63.32%, and the net profit margin has turned positive at 25.88%, reflecting improved profitability. Both EBIT and EBITDA margins have significantly improved due to increased revenues and cost efficiencies.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.004, indicating strong financial stability with minimal leverage. Return on Equity has increased to 17.54%, showcasing effective use of equity to generate profits. The equity ratio is high at 84.81%, reflecting a strong equity position relative to total assets.

Cash Flow

Orla Mining's cash flow is robust, with a significant increase in free cash flow, growing by 226.71% from the previous year. The operating cash flow to net income ratio is 1.96, indicating strong cash generation relative to net income. Free cash flow to net income ratio is commendable at 1.63, reflecting effective capital management and profitability.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
343.92M	233.64M	193.23M	4.09M	0.00
	Gross Profit
217.64M	141.53M	127.86M	3.46M	-106.00K
	EBIT
217.64M	141.53M	127.86M	-21.95M	-29.28M
	EBITDA
223.74M	48.05M	133.46M	-24.71M	-29.33M
	Net Income Common Stockholders
88.98M	-27.01M	45.77M	-27.68M	-32.91M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
160.85M	96.63M	96.28M	20.52M	72.18M
	Total Assets
598.35M	535.78M	613.82M	364.89M	239.19M
	Total Debt
2.18M	91.26M	148.97M	162.75M	70.41M
	Net Debt
-158.67M	-5.37M	52.69M	142.24M	-1.77M
	Total Liabilities
90.90M	135.24M	216.83M	180.48M	78.61M
	Stockholders Equity
507.44M	400.54M	396.98M	184.42M	160.58M
Cash Flow		Free Cash Flow
145.19M	44.44M	77.33M	-120.98M	-49.43M
	Operating Cash Flow
174.62M	65.30M	95.31M	-24.74M	-18.13M
	Investing Cash Flow
-21.94M	-41.73M	-13.36M	-113.27M	-36.90M
	Financing Cash Flow
-86.56M	-23.13M	-5.38M	85.95M	100.59M

Orla Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14.84
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:OLA, the sentiment is Positive. The current price of 14.84 is above the 20-day moving average (MA) of 14.50, above the 50-day MA of 14.41, and above the 200-day MA of 9.61, indicating a bullish trend. The MACD of 0.28 indicates Negative momentum. The RSI at 53.01 is Neutral, neither overbought nor oversold. The STOCH value of 25.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:OLA.

Orla Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OLA	76 Outperform	C$4.82B	40.45	-0.28%	―	72.95%	97.10%
Sector *	51 Neutral	$2.04B	-1.21	-21.10%	3.95%	2.90%	-30.45%
EGO		$4.28B	13.12	8.91%	―	―	―
NGD		$3.78B	28.56	14.62%	―	―	―
TORXF		$2.82B	22.12	8.12%	―	―	―
EQX		$3.15B	11.20	8.27%	―	―	―
ARGTF		$4.34B	―	-3.49%	―	―	―

Orla Mining Corporate Events

Orla Mining Unveils Initial Underground Resource Estimate for Camino Rojo

Orla Mining has announced the first underground Mineral Resource estimate for its Camino Rojo deposit in Mexico, marking a significant milestone in the project’s development. The estimate includes 3.95 million ounces of measured and indicated gold resources and 0.40 million ounces of inferred gold resources. This development paves the way for future exploration and potential construction, with ongoing drilling and metallurgical work supporting the project’s advancement. The announcement underscores Orla Mining’s strategic focus on expanding its resource base and enhancing its long-term production potential at Camino Rojo.

The most recent analyst rating on (TSE:OLA) stock is a Buy with a C$7.50 price target. To see the full list of analyst forecasts on Orla Mining stock, see the TSE:OLA Stock Forecast page.

Orla Mining Boosts 2025 Production with Musselwhite Acquisition

Orla Mining reported record gold production for the first quarter of 2025, with 47,759 ounces produced and 46,356 ounces sold. The acquisition of the Musselwhite Mine has increased Orla’s production guidance to 280,000 to 300,000 ounces of gold for the year, with an all-in sustaining cost of $1,300 to $1,500 per ounce. Despite a net loss of $69.8 million due to fair value adjustments from the acquisition, the company achieved adjusted earnings of $38.6 million. Orla plans to invest $115 million in Musselwhite to enhance growth and is focusing on integrating the new acquisition while advancing the South Railroad Project in Nevada.

The most recent analyst rating on (TSE:OLA) stock is a Buy with a C$15.5000 price target. To see the full list of analyst forecasts on Orla Mining stock, see the TSE:OLA Stock Forecast page.

Orla Mining Achieves Record Gold Production in Q1 2025

Orla Mining Ltd. reported record quarterly gold production, with significant contributions from its Camino Rojo and recently acquired Musselwhite mines. The company produced a total of 47,759 ounces of gold in the first quarter of 2025, positioning it well to meet its annual production guidance. The acquisition of Musselwhite is expected to strengthen Orla’s industry positioning and enhance its operational capabilities.

Orla Mining Launches $25M Drilling Program to Extend Musselwhite Mine Life

Orla Mining has announced a $25 million exploration drilling program at its recently acquired Musselwhite Mine in Northwestern Ontario. The program aims to expand reserves and resources, with a focus on the down-plunge extension of the mine trend. This initiative is expected to significantly extend the mine’s life beyond 2030 by proving additional mineralized strike potential. The exploration includes both underground and surface drilling to replace depleted reserves and identify new mill feed material, potentially enhancing the company’s operational capacity and market positioning.

Orla Mining’s Q4 2024 Results and Musselwhite Acquisition Boost Future Prospects

Orla Mining reported strong financial results for the fourth quarter of 2024, with gold production reaching 136,748 ounces for the year, meeting its guidance range. The acquisition of the Musselwhite Mine is set to more than double Orla’s gold production, enhancing its North American presence and providing significant growth momentum for 2025. The company ended the year with a solid financial position, having repaid its revolving credit facility and holding a cash balance of $161 million.