TSX:OLA

Stock Analysis Report

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Executive Summary

Orla Mining Ltd., a mineral exploration and development company, acquires, explores, and develops mineral properties. More Details


Snowflake Analysis

Adequate balance sheet and slightly overvalued.

Share Price & News

How has Orla Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OLA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.5%

OLA

-0.9%

CA Metals and Mining

-1.0%

CA Market


1 Year Return

237.7%

OLA

54.1%

CA Metals and Mining

-4.3%

CA Market

Return vs Industry: OLA exceeded the Canadian Metals and Mining industry which returned 54.2% over the past year.

Return vs Market: OLA exceeded the Canadian Market which returned -4.2% over the past year.


Shareholder returns

OLAIndustryMarket
7 Day-3.5%-0.9%-1.0%
30 Day6.8%-1.2%1.3%
90 Day11.4%-1.2%1.9%
1 Year237.7%237.7%55.3%54.1%-0.9%-4.3%
3 Year290.7%290.7%58.2%55.1%6.4%-4.0%
5 Yearn/a151.2%143.4%33.3%12.8%

Price Volatility Vs. Market

How volatile is Orla Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Orla Mining undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OLA (CA$5.47) is trading below our estimate of fair value (CA$40.79)

Significantly Below Fair Value: OLA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: OLA is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.

PE vs Market: OLA is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate OLA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: OLA is overvalued based on its PB Ratio (5.9x) compared to the CA Metals and Mining industry average (2.8x).


Next Steps

Future Growth

How is Orla Mining forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

26.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OLA is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: OLA is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: OLA is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if OLA's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if OLA's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if OLA's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Orla Mining performed over the past 5 years?

-50.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OLA is currently unprofitable.

Growing Profit Margin: OLA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OLA is unprofitable, and losses have increased over the past 5 years at a rate of 50.9% per year.

Accelerating Growth: Unable to compare OLA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OLA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (78.5%).


Return on Equity

High ROE: OLA has a negative Return on Equity (-13.98%), as it is currently unprofitable.


Next Steps

Financial Health

How is Orla Mining's financial position?


Financial Position Analysis

Short Term Liabilities: OLA's short term assets ($54.9M) exceed its short term liabilities ($3.9M).

Long Term Liabilities: OLA's short term assets ($54.9M) exceed its long term liabilities ($22.7M).


Debt to Equity History and Analysis

Debt Level: OLA's debt to equity ratio (13.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if OLA's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: OLA has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: OLA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47.7% each year


Next Steps

Dividend

What is Orla Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate OLA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate OLA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if OLA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OLA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OLA's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Jason Simpson (46 yo)

1.92yrs

Tenure

US$1,526,400

Compensation

Mr. Jason Douglas Simpson has been President, Director & Chief Executive Officer of Orla Mining Ltd. since November 12, 2018. Mr. Simpson served as Chief Operating Officer of Torex Gold Resources Inc. from ...


CEO Compensation Analysis

Compensation vs Market: Jason's total compensation ($USD896.11K) is below average for companies of similar size in the Canadian market ($USD1.32M).

Compensation vs Earnings: Jason's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jason Simpson
President1.92yrsUS$1.53m0.53%
$ 6.6m
Etienne Morin
Chief Financial Officer2.5yrsUS$619.00k0.074%
$ 933.8k
Andrew Cormier
Chief Operating Officer0.50yrno data0.033%
$ 415.1k
Andrew Bradbury
Director of Investor Relationsno datano datano data
Sylvain Guerard
Senior Vice President of Exploration0.17yrno datano data
Christine Gregory
Corporate Secretary2.33yrsno datano data
Paul Robertson
2.5yrsUS$71.25kno data

2.1yrs

Average Tenure

Experienced Management: OLA's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jason Simpson
President1.92yrsUS$1.53m0.53%
$ 6.6m
Charles Jeannes
Independent Non-Executive Chairman3.33yrsUS$200.00k1.08%
$ 13.7m
Richard Hall
Independent Non-Executive Director5.33yrsUS$138.25k0.99%
$ 12.5m
Timothy Haldane
Independent Non-Executive Director3.33yrsUS$120.00k0.045%
$ 571.3k
George Albino
Independent Non-Executive Director3.33yrsUS$120.00k0.099%
$ 1.2m
Jean Robitaille
Independent Non-Executive Director3.83yrsUS$99.50k0.98%
$ 12.3m
Elizabeth McGregor
Independent Director1.33yrsUS$144.53k0.011%
$ 134.6k
David Stephens
Independent Non-Executive Director2.58yrsUS$117.39k0.0055%
$ 69.0k

3.3yrs

Average Tenure

59.5yo

Average Age

Experienced Board: OLA's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: OLA insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.2%.


Top Shareholders

Company Information

Orla Mining Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Orla Mining Ltd.
  • Ticker: OLA
  • Exchange: TSX
  • Founded: 2007
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$1.261b
  • Shares outstanding: 228.36m
  • Website: https://www.orlamining.com

Number of Employees


Location

  • Orla Mining Ltd.
  • 595 Howe Street
  • Suite 202
  • Vancouver
  • British Columbia
  • V6C 2T5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OLATSX (The Toronto Stock Exchange)YesCommon SharesCACADDec 2016
ORRL.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2016
O8MDB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2016

Biography

Orla Mining Ltd., a mineral exploration and development company, acquires, explores, and develops mineral properties. The company explores for gold, silver, zinc, lead, and copper deposits. It owns 100% in ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 00:01
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.