Orla Mining Third Quarter 2024 Earnings: EPS: US$0.066 (vs US$0.017 in 3Q 2023)

Orla Mining (TSE:OLA) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$99.3m (up 65% from 3Q 2023).
• Net income: US$21.1m (up 294% from 3Q 2023).
• Profit margin: 21% (up from 8.9% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: US$0.066 (up from US$0.017 in 3Q 2023).

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

Orla Mining Earnings Insights

Looking ahead, revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are down 14% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Orla Mining you should know about.

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