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• Orla Mining Ltd OLA.TO reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of seven analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 5 cents to 10 cents per share.

• Revenue rose 42.7% to $84.60 million from a year ago; analysts expected $85.92 million.

• Orla Mining Ltd's reported EPS for the quarter was 8 cents​.

• The company reported quarterly income of $24.3 million.

• Orla Mining Ltd shares had fallen by 8.6% this quarter and gained 11.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 74.3% in the last three months.​

• In the last 30 days, there have been revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "hold" and "sell" or "strong sell."

• The average consensus recommendation for the gold peer group is also "buy"

Wall Street's median 12-month price target for Orla Mining Ltd is C$7.50

This summary was machine generated from LSEG data August 13 at 04:04 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)