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Surging Earnings Estimates Signal Upside for Orla Mining (ORLA) Stock
ORLAOrla Mining(ORLA) ZACKS· ZACKS·2025-06-06 17:21

Core Viewpoint - Orla Mining Ltd. (ORLA) shows potential as a strong investment opportunity due to significant revisions in earnings estimates, indicating an improving earnings outlook and a positive trend in stock performance [1][8]. Earnings Estimate Revisions - Analysts have shown growing optimism regarding Orla Mining's earnings prospects, reflected in upward revisions of earnings estimates, which typically correlate with stock price movements [2]. - For the current quarter, the earnings estimate is projected at 0.24pershare,representingaremarkableincreaseof+242.860.24 per share, representing a remarkable increase of +242.86% compared to the previous year [5]. - The Zacks Consensus Estimate for the current quarter has risen by 41.18% over the last 30 days, with one estimate moving higher and no negative revisions [5]. - For the full year, the expected earnings are 0.71 per share, indicating a change of +184% from the prior year, with three estimates moving up and no negative revisions in the past month [6]. Zacks Rank and Performance - Orla Mining currently holds a Zacks Rank 2 (Buy), which is based on favorable estimate revisions and is associated with significant outperformance compared to the S&P 500 [7]. - Historically, Zacks Rank 1 (Strong Buy) and Rank 2 (Buy) stocks have shown an average annual return of +25% since 2008, suggesting a strong potential for Orla Mining's stock [3][7]. Recent Stock Performance - The stock has gained 15.3% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects, making it a candidate for portfolio addition [8].