Orla Mining Ltd.
OLA.TO
Toronto Stock Exchange14.04
CAD
-0.56
- -
Orla Mining Ltd.
OLA.TO
(Toronto Stock Exchange)
Recent
price
14.04
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Orla Mining Ltd. (TSX: OLA) operates as a gold producer focused on the development and operation of gold mines, primarily in Mexico and Brazil, with exploration activities across the Americas. The company owns and operates the Camino Rojo mine in Zacatecas, Mexico, which produces gold and silver through open-pit mining methods; the South Railroad project in Nevada, USA, which contributes gold production via heap leach operations; and the Itu mu mine in Brazil, emphasizing underground gold mining with associated silver byproducts. Additional services include mine development, exploration drilling, and resource expansion programs targeting high-grade gold deposits; the company also engages in feasibility studies and permitting for projects like the Cerro Quema oxide gold project in Panama. Founded in 2007 and headquartered in Vancouver, Canada, Orla Mining serves institutional investors and gold markets globally, with operations spanning North and South America. Its business segments encompass mine production, exploration, and project development within the precious metals sector, targeting mid-tier gold production status. In the last two years, Orla Mining completed the construction and ramp-up of the Camino Rojo mine, achieving first gold pour in late 2024 and declaring commercial production ahead of schedule in early 2025; acquired the South Railroad project from Barrick Gold in 2024, expanding its U.S. footprint; secured a US$100 million gold prepay financing facility in 2024 to fund growth initiatives; and advanced feasibility studies for the Itu mu mine acquisition and development, positioning for production start in 2026. These moves reflect strategic expansions into high-quality, low-cost assets amid favorable gold prices.