Orla Mining Full Year 2023 Earnings: EPS Misses Expectations

Date:

Orla Mining (TSE:OLA) Full Year 2023 Results

Key Financial Results

  • Revenue: US$233.6m (up 21% from FY 2022).
  • Net loss: US$27.0m (down by 159% from US$45.8m profit in FY 2022).
  • US$0.087 loss per share (down from US$0.17 profit in FY 2022).
TSX:OLA Earnings and Revenue Growth March 21st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Orla Mining EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company’s shares are down 2.2% from a week ago.

Risk Analysis

What about risks? Every company has them, and we’ve spotted 1 warning sign for Orla Mining you should know about.

Valuation is complex,…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...