(ORLA) Orla Mining - Overview
Sector: Basic Materials | Industry: Gold | Exchange: NYSE MKT (USA) | Market Cap: 4.152m USD | Total Return: 23.5% in 12m
Avg Turnover: 42.9M
Qual. Beats: -1
Rev. Trend: 95.5%
Qual. Beats: 0
Warnings
Share dilution 23.9% YoY
Beneish M-Score 0.65 > -1.5 - likely earnings manipulation
Choppy
Tailwinds
No distinct edge detected
Orla Mining Ltd. is a Vancouver-based mineral exploration and development company focused on precious and base metals, including gold, silver, zinc, lead, and copper. The company manages a diversified portfolio of assets across North America and Central America, notably the Camino Rojo project in Mexico, the Cerro Quema project in Panama, and the South Railroad project in Nevada. Additionally, the firm is expanding its operational footprint through the acquisition of the Musselwhite Gold Mine in Ontario, Canada.
The company operates within the junior mining sector, where business models typically transition from high-risk exploration to cash-flow-generating production. Success in this industry is heavily dependent on jurisdictional stability and the geological quality of land concessions, which for Orla currently total over 170,000 hectares. Investors can analyze the underlying valuation metrics of these projects by visiting ValueRay.
Formerly known as Red Mile Minerals Corp., the entity rebranded in 2015 and maintains a strategic focus on acquiring 100% interests in its core properties. This ownership structure allows for full operational control and simplified joint-venture negotiations during the development phase of the mining lifecycle.
- Camino Rojo production levels and gold recovery rates drive quarterly revenue
- Acquisition of Musselwhite Gold Mine expands production scale and Canadian footprint
- South Railroad project permitting milestones influence long-term asset valuation growth
- Fluctuations in spot gold prices directly impact operating margins and cash flow
- Regulatory environment and mining policy changes in Mexico affect core project stability
| Net Income: 252.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.16 > 0.02 and ΔFCF/TA 31.64 > 1.0 |
| NWC/Revenue: 2.41% < 20% (prev -15.23%; Δ 17.64% < -1%) |
| CFO/TA 0.24 > 3% & CFO 498.1m > Net Income 252.2m |
| Net Debt (-91.2m) to EBITDA (775.0m): -0.12 < 3 |
| Current Ratio: 1.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (399.5m) vs 12m ago 23.91% < -2% |
| Gross Margin: 53.44% > 18% (prev 0.60%; Δ 5.28k% > 0.5%) |
| Asset Turnover: 65.99% > 50% (prev 23.00%; Δ 42.99% > 0%) |
| Interest Coverage Ratio: 12.97 > 6 (EBITDA TTM 775.0m / Interest Expense TTM 45.9m) |
| A: 0.01 (Total Current Assets 595.4m - Total Current Liabilities 564.1m) / Total Assets 2.11b |
| B: 0.08 (Retained Earnings 168.9m / Total Assets 2.11b) |
| C: 0.30 (EBIT TTM 595.7m / Avg Total Assets 1.96b) |
| D: 0.56 (Book Value of Equity 758.9m / Total Liabilities 1.36b) |
| Altman-Z'' = 2.98 = A |
| DSRI: 0.61 (Receivables 29.3m/15.6m, Revenue 1.30b/417.3m) |
| GMI: 1.13 (GM 53.44% / 60.19%) |
| AQI: 5.20 (AQ_t 0.09 / AQ_t-1 0.02) |
| SGI: 3.11 (Revenue 1.30b / 417.3m) |
| TATA: -0.12 (NI 252.2m - CFO 498.1m) / TA 2.11b) |
| Beneish M = 0.65 (Cap -4..+1) = D |
As of May 27, 2026, the stock is trading at USD 12.58 with a total of 1,844,514 shares traded.
Over the past week, the price has changed by -3.08%,
over one month by -12.38%,
over three months by -39.19% and
over the past year by +23.46%.
Orla Mining has no consensus analysts rating.
| Analysts Target Price | 21.8 | 73.3% |
P/E Trailing = 16.6667
P/E Forward = 7.8802
P/S = 3.2034
P/B = 5.4888
Revenue TTM = 1.30b USD
EBIT TTM = 595.7m USD
EBITDA TTM = 775.0m USD
Long Term Debt = 286.1m USD (from longTermDebt, last quarter)
Short Term Debt = 26.2m USD (from shortTermDebt, last quarter)
Debt = 337.6m USD (from shortLongTermDebtTotal, last quarter) + Leases 15.2m
Net Debt = -91.2m USD (calculated: Debt 337.6m - CCE 428.8m)
Enterprise Value = 4.06b USD (4.15b + Debt 337.6m - CCE 428.8m)
Interest Coverage Ratio = 12.97 (Ebit TTM 595.7m / Interest Expense TTM 45.9m)
EV/FCF = 11.82x (Enterprise Value 4.06b / FCF TTM 343.7m)
FCF Yield = 8.46% (FCF TTM 343.7m / Enterprise Value 4.06b)
FCF Margin = 26.51% (FCF TTM 343.7m / Revenue TTM 1.30b)
Net Margin = 19.46% (Net Income TTM 252.2m / Revenue TTM 1.30b)
Gross Margin = 53.44% ((Revenue TTM 1.30b - Cost of Revenue TTM 603.6m) / Revenue TTM)
Gross Margin QoQ = 57.02% (prev 56.62%)
Tobins Q-Ratio = 1.92 (Enterprise Value 4.06b / Total Assets 2.11b)
Interest Expense / Debt = 13.61% (Interest Expense 45.9m / Debt 337.6m)
Taxrate = 47.50% (67.3m / 141.6m)
NOPAT = 312.8m (EBIT 595.7m * (1 - 47.50%))
Current Ratio = 1.06 (Total Current Assets 595.4m / Total Current Liabilities 564.1m)
Debt / Equity = 0.44 (Debt 337.6m / totalStockholderEquity, last quarter 758.9m)
Debt / EBITDA = -0.12 (Net Debt -91.2m / EBITDA 775.0m)
Debt / FCF = -0.27 (Net Debt -91.2m / FCF TTM 343.7m)
Total Stockholder Equity = 621.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 12.84% (Net Income 252.2m / Total Assets 2.11b)
RoE = 40.61% (Net Income TTM 252.2m / Total Stockholder Equity 621.2m)
RoCE = 65.67% (EBIT 595.7m / Capital Employed (Equity 621.2m + L.T.Debt 286.1m))
RoIC = 19.84% (NOPAT 312.8m / Invested Capital 1.58b)
WACC = 6.64% (E(4.15b)/V(4.49b) * Re(6.60%) + D(337.6m)/V(4.49b) * Rd(13.61%) * (1-Tc(0.47)))
Discount Rate = 6.60% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 73.33 | Cagr: 11.21%
[DCF] Terminal Value 75.44% ; FCFF base≈343.7m ; Y1≈345.1m ; Y5≈365.5m
[DCF] Fair Price = 16.70 (EV 5.69b - Net Debt -91.2m = Equity 5.78b / Shares 346.0m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.33 | # QB: -1
Revenue Correlation: 95.46 | Revenue CAGR: 94.71% | SUE: 0.35 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.38 | Chg30d=-10.18% | Revisions=-14% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.47 | Chg30d=-13.53% | Revisions=-33% | Analysts=4
EPS current Year (2026-12-31): EPS=1.75 | Chg30d=-8.07% | Revisions=-33% | GrowthEPS=+80.1% | GrowthRev=+64.2%
EPS next Year (2027-12-31): EPS=1.66 | Chg30d=-6.42% | Revisions=+0% | GrowthEPS=-5.1% | GrowthRev=-7.8%
[Analyst] Revisions Ratio: -33%