Should You Invest in Orla Mining Ltd (ORLA) Now?

Orla Mining Ltd (AMEX: ORLA) has a higher price-to-earnings ratio of 1576.39x compared to its average ratio, The 36-month beta value for ORLA is at 1.37.

The public float for ORLA is 210.22M, and currently, shorts hold a 2.27% of that float. The average trading volume for ORLA on December 11, 2024 was 501.22K shares.

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ORLA) stock’s latest price update

Orla Mining Ltd (AMEX: ORLA)’s stock price has surge by 3.75relation to previous closing price of 5.47. Nevertheless, the company has seen a 14.42% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-13 that Orla Mining Ltd. (NYSE:ORLA ) Q3 2024 Earnings Conference Call November 13, 2024 10:00 AM ET Company Participants Andrew Bradbury – Vice President-Investor Relations & Corporate Development Jason Simpson – President & Chief Executive Officer Andrew Cormier – Chief Operating Officer Etienne Morin – Chief Financial Officer Sylvain Guerard – Senior Vice President, Exploration Chafika Eddine – Chief Sustainability Officer Conference Call Participants Anita Soni – CIBC Andrew Mikitchook – BMO Capital Markets Operator Good morning, ladies and gentlemen and welcome to Orla Mining’s Conference Call for the Third Quarter 2024 Results.

ORLA’s Market Performance

Orla Mining Ltd (ORLA) has seen a 14.42% rise in stock performance for the week, with a 26.67% gain in the past month and a 32.28% surge in the past quarter. The volatility ratio for the week is 4.36%, and the volatility levels for the past 30 days are at 5.08% for ORLA. The simple moving average for the past 20 days is 21.59% for ORLA’s stock, with a 38.05% simple moving average for the past 200 days.

Analysts’ Opinion of ORLA

Stifel gave a rating of “Buy” to ORLA, setting the target price at $7.25 in the report published on June 02nd of the previous year.

ORLA Trading at 21.84% from the 50-Day Moving Average

After a stumble in the market that brought ORLA to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 3.01% of gains for the given period.

Volatility was left at 5.08%, however, over the last 30 days, the volatility rate increased by 4.36%, as shares surge +27.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +37.38% upper at present.

During the last 5 trading sessions, ORLA rose by +14.11%, which changed the moving average for the period of 200-days by +76.32% in comparison to the 20-day moving average, which settled at $4.67. In addition, Orla Mining Ltd saw 74.62% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for ORLA

Current profitability levels for the company are sitting at:

  • 0.54 for the present operating margin
  • 0.65 for the gross margin

The net margin for Orla Mining Ltd stands at 0.03. The total capital return value is set at 0.32. Equity return is now at value 0.95, with 0.70 for asset returns.

Based on Orla Mining Ltd (ORLA), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at 2.87. The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is 32.4.

Currently, EBITDA for the company is 48.05 million with net debt to EBITDA at -1.02. When we switch over and look at the enterprise to sales, we see a ratio of 5.06. The receivables turnover for the company is 40.56for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.54.

Conclusion

In conclusion, Orla Mining Ltd (ORLA) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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