(ORLA) Orla Mining - NYSE MKT

Sector: Basic Materials | Industry: Gold | Exchange: NYSE MKT (USA) | Market Cap: 3.851m USD | Total Return: -5.6% in 12m

Gold, Silver, Copper, Zinc
Total Rating 32
Safety 28
Buy Signal -1.23
Gold
Industry Rotation: -5.2
Market Cap: 3.85B
Avg Turnover: 41.1M
Risk 3d forecast
Volatility79.4%
VaR 5th Pctl13.7%
VaR vs Median4.55%
Reward TTM
Sharpe Ratio0.24
Rel. Str. IBD7.2
Rel. Str. Peer Group3.1
Character TTM
Beta0.438
Beta Downside0.124
Hurst Exponent0.547
Drawdowns 3y
Max DD54.92%
CAGR/Max DD0.64
CAGR/Mean DD2.17
EPS (Earnings per Share) EPS (Earnings per Share) of ORLA over the last years for every Quarter: "2021-06": -0.0388, "2021-09": -0.04, "2021-12": -0.02, "2022-03": 0.08, "2022-06": 0.04, "2022-09": 0.02, "2022-12": 0.07, "2023-03": 0.04, "2023-06": 0.05, "2023-09": 0.02, "2023-12": -0.1858, "2024-03": 0.0534, "2024-06": 0.0729, "2024-09": 0.0632, "2024-12": 0.0811, "2025-03": -0.2166, "2025-06": 0.1244, "2025-09": 0.1393, "2025-12": 0.21, "2026-03": 0.1887,
Last SUE: -1.33
Qual. Beats: -1
Revenue Revenue of ORLA over the last years for every Quarter: 2021-06: 0, 2021-09: 0, 2021-12: 4.091, 2022-03: 39.645, 2022-06: 47.797, 2022-09: 49.03, 2022-12: 56.758, 2023-03: 51.131, 2023-06: 59.272, 2023-09: 60.294, 2023-12: 62.946, 2024-03: 67.278, 2024-06: 84.57, 2024-09: 99.307, 2024-12: 92.763, 2025-03: 140.67, 2025-06: 263.747, 2025-09: 274.973, 2025-12: 383.9957, 2026-03: 373.631856,
Rev. CAGR: 94.71%
Rev. Trend: 95.5%
Last SUE: 0.35
Qual. Beats: 0

Warnings

Share dilution 23.9% YoY

Beneish M-Score 0.75 > -1.5 - likely earnings manipulation

Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: ORLA Orla Mining

Orla Mining Ltd. (NYSE MKT: ORLA) is a Canadian mineral property company that acquires, explores, develops, and exploits mineral deposits, with a primary focus on gold, silver, zinc, lead, and copper. The company holds 100% interests in three core assets: the Camino Rojo project in Zacatecas, Mexico; the Cerro Quema project on Panamas Azuero Peninsula; and the South Railroad project in Elko, Nevada. It has also pursued the acquisition of the Musselwhite Gold Mine in Ontario, Canada.

Orla was incorporated in 2007, is headquartered in Vancouver, and previously operated as Red Mile Minerals Corp. before rebranding in June 2015. It is classified under the Materials sector, specifically the Diversified Metals & Mining sub-industry, reflecting its exposure to multiple commodity streams.

As a precious and base metals exploration and development company, Orla operates in a capital-intensive industry where long-term value typically depends on advancing resource-stage projects toward production. Mining equities in this sub-industry are generally sensitive to commodity price volatility, and gold-oriented issuers often serve as inflation-sensitive holdings within diversified mining portfolios.

Headlines to Watch Out For
  • Camino Rojo production ramp boosts gold output and revenue
  • Musselwhite acquisition adds Canadian mine cash flow
  • Gold price swings directly impact all-in sustaining cost margins
Piotroski VR-10 (Strict) 6.0
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 (673.9m): -0.14 < 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 60.19%; Δ -6.76% > 0.5%)
Asset Turnover: 65.99% > 50% (prev 23.00%; Δ 42.99% > 0%)
Interest Coverage Ratio: 10.77 > 6 (EBIT TTM 494.6m / Interest Expense TTM 45.9m)
Altman Z'' 2.64
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: 0.25 (EBIT TTM 494.6m / Avg Total Assets 1.96b)
D: 0.56 (Book Value of Equity 758.9m / Total Liabilities 1.36b)
Altman-Z'' = 2.64 = A
Beneish M 0.75
DSRI: 0.61 (Receivables 29.3m/15.6m, Revenue 1.30b/417.3m)
GMI: 1.13 (GM 60.19% / 53.44%)
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 = 0.75 (Cap -4..+1) = D
What is the price of ORLA shares?

As of June 24, 2026, the stock is trading at USD 9.77 with a total of 3,046,253 shares traded. Over the past week, the price has changed by -12.77%, over one month by -22.34%, over three months by -31.12% and over the past year by -5.63%.

Current recommended Stop Loss: 8.70 (which is 11% or 1.4 ATR below the current price).

Is ORLA a buy, sell or hold?

Orla Mining has no consensus analysts rating.

What are the forecasts/targets for the ORLA price?
Analysts Target Price 18.6 90.4%
Orla Mining (ORLA) - Fundamental Data Overview as of 19 June 2026
Market Cap USD = 3.85b (3.85b USD * 1.0 USD.USD)
P/E Trailing = 15.4583
P/E Forward = 7.1225
P/S = 2.9712
P/B = 5.0909
Revenue TTM = 1.30b USD
EBIT TTM = 494.6m USD
EBITDA TTM = 673.9m 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 = 3.76b USD (3.85b + Debt 337.6m - CCE 428.8m)
Interest Coverage Ratio = 10.77 (Ebit TTM 494.6m / Interest Expense TTM 45.9m)
EV/FCF = 10.94x (Enterprise Value 3.76b / FCF TTM 343.7m)
FCF Yield = 9.14% (FCF TTM 343.7m / Enterprise Value 3.76b)
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 = 1.78 (Enterprise Value 3.76b / Total Assets 2.11b)
Interest Expense / Debt = 13.61% (Interest Expense 45.9m / Debt 337.6m)
Taxrate = 43.78% (196.4m / 448.7m)
NOPAT = 278.1m (EBIT 494.6m * (1 - 43.78%))
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 = -0.14 (Net Debt -91.2m / EBITDA 673.9m)
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 = 54.52% (EBIT 494.6m / Capital Employed (Equity 621.2m + L.T.Debt 286.1m))
RoIC = 18.40% (NOPAT 278.1m / Invested Capital 1.51b)
WACC = 7.53% (E(3.85b)/V(4.19b) * Re(7.52%) + D(337.6m)/V(4.19b) * Rd(13.61%) * (1-Tc(0.44)))
Discount Rate = 7.52% (= 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=0.36 | Chg30d=-12.20% | Revisions=-20% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.48 | Chg30d=-10.96% | Revisions=+20% | Analysts=5
EPS current Year (2026-12-31): EPS=1.64 | Chg30d=-4.39% | Revisions=-56% | GrowthEPS=+68.9% | GrowthRev=+61.6%
EPS next Year (2027-12-31): EPS=1.61 | Chg30d=-1.98% | Revisions=-25% | GrowthEPS=-1.9% | GrowthRev=-6.3%
[Analyst] Revisions Ratio: -56%