Orla Mining Ltd. shares rose 14.53% to $16.87 after the company reported record quarterly gold production, reaching a 52-week high.
The surge in stock price is attributed to Orla's record quarterly gold production driven by strong performance from its Camino Rojo and Musselwhite operations, positioning the company to potentially exceed its annual guidance of 280,000 to 300,000 ounces. This positive news has significantly increased investor confidence in Orla's future cash flow and growth prospects, as reflected in the heightened trading volume on the announcement day.
The record production update reinforces Orla's operational momentum and, combined with ongoing project developments and a favorable gold price environment, is expected to continue attracting investor attention.
Wall Street analysts forecast ORLA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ORLA is 18.60 USD with a low forecast of 15.14 USD and a high forecast of 23.07 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
Wall Street analysts forecast ORLA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ORLA is 18.60 USD with a low forecast of 15.14 USD and a high forecast of 23.07 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 19.550
Low
15.14
Averages
18.60
High
23.07
Current: 19.550
Low
15.14
Averages
18.60
High
23.07
Scotiabank
NULL -> Outperform
upgrade
$21
2026-01-26
New
Reason
Scotiabank
Price Target
$21
AI Analysis
2026-01-26
New
upgrade
NULL -> Outperform
Reason
Scotiabank raised the firm's price target on Orla Mining to C$26.50 from C$21 and keeps an Outperform rating on the shares.
BMO Capital
NULL -> Outperform
maintain
$22 -> $30
2026-01-26
New
Reason
BMO Capital
Price Target
$22 -> $30
2026-01-26
New
maintain
NULL -> Outperform
Reason
BMO Capital raised the firm's price target on Orla Mining to C$30 from C$22 and keeps an Outperform rating on the shares.
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Scotiabank
NULL -> Outperform
upgrade
$18 -> $21
2025-10-23
Reason
Scotiabank
Price Target
$18 -> $21
2025-10-23
upgrade
NULL -> Outperform
Reason
Scotiabank raised the firm's price target on Orla Mining to C$21 from C$18 and keeps an Outperform rating on the shares.
RBC Capital
NULL -> Outperform
maintain
$23 -> $26
2025-10-21
Reason
RBC Capital
Price Target
$23 -> $26
2025-10-21
maintain
NULL -> Outperform
Reason
RBC Capital raised the firm's price target on Orla Mining to C$26 from C$23 and keeps an Outperform rating on the shares.
About ORLA
Orla Mining Ltd. is a Canada-based company, which focuses on acquiring, developing, and operating mineral properties. The Company has three material projects, consisting of two operating mines and one development project, all 100% owned by the Company. Its Camino Rojo, in Zacatecas State, Mexico, is an operating gold and silver open-pit and heap leach mine. The property covers over 139,000 hectares which contains a large oxide and sulfide mineral resource. Its Musselwhite Mine, in Northwestern Ontario, Canada, is an underground gold mine that produces close to six million ounces of gold. Musselwhite Gold Mine is located on the shore of Opapimiskan Lake in Northwestern Ontario. The South Carlin Complex, including the South Railroad Project, is a promising 25,000-hectare land package situated on the historic Carlin Trend. The Company’s South Railroad, in Nevada, United States, is a feasibility-stage, open pit, heap leach gold project located on the Carlin trend in Nevada.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.