ORLA

Q4 Financial Performance: Orla Mining reported a Q4 Non-GAAP EPS of $0.07, with revenue of $92.8 million (up 47.5% year-over-year), and gold production of 26,531 ounces, while cash flow from operations reached $46.0 million.

2025 Preliminary Guidance: The company anticipates gold production between 110,000 to 120,000 ounces for 2025, with total cash costs estimated at $625 to $725 per ounce sold, and all-in sustaining costs projected between $875 to $975 per ounce sold.

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Analyst Ratings: RBC Capital analyst Michael Siperco has maintained a Buy rating on Orla Mining with a price target of C$13.00, while the current analyst consensus is a Strong Buy with an average target of C$10.44, indicating a potential downside from current levels.

Market Performance: Orla Mining's market cap stands at C$3.63B, and it has received positive coverage from other firms like BMO Capital, which raised its price target to C$12.50, reflecting confidence in the company's strategic expansion and value creation efforts.

Price Target Increase: BMO Capital has raised its price target for Orla Mining (ORLA) from C$8 to C$12.50 while maintaining an Outperform rating on the shares.

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Analyst Ratings on Orla Mining: CIBC's Cosmos Chiu maintains a Buy rating on Orla Mining with a price target of C$11.50, while the stock currently trades at C$10.02, and has a Moderate Buy consensus from analysts.

Market Performance and Metrics: Orla Mining has a market cap of C$3.22B and a high P/E ratio of 617.90, with recent reports indicating strong gold production and positive financial developments.

Analyst Rating and Performance: Michael Siperco from RBC Capital maintains a Buy rating on Orla Mining with a price target of C$10.00, while the stock currently sits at C$9.71. The company has shown strong financial performance, reporting a quarterly revenue increase to C$99.31 million and a net profit of C$21.14 million.

Insider Sentiment and Consensus: Corporate insider sentiment for Orla Mining is positive, with an increase in insider purchases noted. The analyst consensus for the stock is a Moderate Buy, with a price target consensus of C$9.25.

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Company Overview: Newmont Corporation, a leading global gold mining company based in Denver, has a market cap of $48.6 billion and focuses on responsible mining and sustainable operations across various continents.

Stock Performance and Analyst Ratings: NEM stock has outperformed the S&P 500 over the past year but underperformed compared to the Ishares MSCI Global Gold Miners ETF. Analysts maintain a consensus rating of "Moderate Buy" with a mean price target suggesting potential upside.

TD Securities Coverage: TD Securities has initiated coverage of Orla Mining (ORLA) with a Hold rating and a price target of C$9.50, citing the Musselwhite acquisition as potentially transformational but expressing caution regarding Orla's valuation after recent changes.

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Analyst Ratings: RBC Capital analyst Michael Siperco has maintained a Buy rating on Orla Mining with a price target of C$9.00, while the stock currently trades at C$8.63; the overall analyst consensus suggests a Strong Buy with an average price target of C$8.75.

Company Overview: Orla Mining is a mineral exploration company focused on gold projects in Mexico and Panama, showing positive insider sentiment as 57 insiders have increased their share purchases recently.

Operational Update: Orla Mining Ltd. reported a total gold production of 136,748 ounces for 2024, exceeding its guidance, with fourth-quarter production at 26,531 ounces. The company anticipates all-in sustaining costs to be at the lower end of its revised guidance range.

2025 Guidance and Plans: Preliminary guidance for 2025 includes expected gold production of 110,000 to 120,000 ounces and capital expenditures of $27 million. The company is also focusing on exploration efforts in Mexico and project development in Nevada, including the acquisition of the Musselwhite Mine from Newmont Corporation.

Orla Mining Acquisition: Orla Mining Ltd. has received support from independent proxy advisory firms for its shareholders to approve the acquisition of the Musselwhite Mine from Newmont Corporation, which will be financed partially through a private placement of convertible notes and share purchase warrants.

Company Overview: Orla Mining focuses on acquiring and developing mineral properties, with key projects including Camino Rojo in Mexico and South Railroad, currently holding a market cap of C$2.7 billion and experiencing a year-to-date price performance decline of 1.41%.

Stock Performance: Orla Mining Ltd's shares have surpassed the average analyst 12-month target price of $5.92, currently trading at $5.97, prompting analysts to consider adjusting their price targets based on the company's performance.

Analyst Insights: The average target price reflects a range of opinions from various analysts, with some suggesting lower targets around $5.22 and others as high as $7.02, indicating differing views on the stock's valuation and future potential.

Ownership Structure: Orla Mining has a significant institutional ownership of 47%, with the top five shareholders controlling over 55% of the company, indicating that their trading decisions could heavily influence the stock price.

Insider and Public Ownership: Insiders own 12% of the company, while retail investors hold 19%, suggesting that while insiders have a stake in the company's performance, public investors also play a role in influencing company policies.

AI Demand Boosts Copper Market: The surge in Artificial Intelligence infrastructure is significantly increasing the demand for copper, with predictions of prices reaching $40,000 per tonne within four years and a potential supply deficit exceeding 200,000 tons by 2025.

Usha Resources' Progress: Usha Resources Ltd. has received an Intervention Permit for its Southern Arm copper-gold property, allowing it to prepare for drilling in early 2025, while also evaluating additional opportunities to enhance shareholder value through further acquisitions.

Company Overview: Newmont Corporation, a leading global gold producer valued at $46.8 billion, has seen its stock decline 30% from its 52-week high and is currently trading below key moving averages, indicating a bearish trend, despite a recent agreement to sell an operation for $850 million.

Market Performance: While Newmont's shares have dropped 18.3% over the past three months, analysts maintain a "Moderate Buy" rating with a price target suggesting a potential upside of 36%, contrasting with rival Barrick Gold's underperformance.

Appointment of New Chief Sustainability Officer: Orla Mining Ltd. has appointed Dr. Silvana Costa as the new Chief Sustainability Officer, effective January 13, 2025, to lead the company's Environmental, Social, and Governance (ESG) efforts.

Recognition of Previous Leadership: Dr. Costa succeeds Chafika Eddine, who contributed significantly to Orla's sustainability initiatives, including the establishment of the "Toward 2030 Sustainability Strategy" and the publication of the inaugural Sustainability Report in 2023.

Analyst Ratings: Michael Siperco from RBC Capital maintains a Buy rating on Orla Mining with a price target of C$8.00, while Stifel Nicolaus also rates it as a Buy with a higher target of C$9.75, indicating strong analyst support for the stock.

Company Overview: Orla Mining is a mineral exploration company focused on gold projects in Mexico and Panama, currently valued at C$2.24B with a neutral sentiment among corporate insiders.

Analyst Ratings: RBC Capital's Michael Siperco maintains a Buy rating on Orla Mining with a price target of C$8.00, while the stock currently trades at C$6.08; overall, analysts suggest a Strong Buy consensus with an average price target of C$7.50.

Insider Activity: Recent corporate insider activity indicates negative sentiment towards Orla Mining, as there has been an increase in insiders selling shares compared to earlier this year.

Newmont Corporation's Asset Sale: Newmont Corporation is selling its Musselwhite operation to Orla Mining Ltd. for up to $850 million, which includes $810 million in cash at closing and potential contingent payments. This sale contributes to over $2 billion in total proceeds from non-core asset sales as the company aims to divest additional operations by early 2025.

Financial Performance and Shareholder Returns: Following the asset sales, Newmont is advancing shareholder returns through a $3 billion buyback program and has reduced its debt by $500 million in 2024, with shares currently trading higher.