Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 1075 West Georgia Street, Suite 1010 VANCOUVER BC V6E 3C9 |
Tel: | N/A |
Website: | https://orlamining.com |
IR: | See website |
Key People | ||
Jason M. Simpson President, Chief Executive Officer, Director | Etienne Morin Chief Financial Officer | Andrew Cormier Chief Operating Officer |
Sylvain Guerard Senior Vice President - Exploration | Paul Mann Vice President - Finance and Accounting | Andrew Bradbury Vice President of Corporate Development and Investor Relations | Chafika Eddine Chief Sustainability Officer |
Business Overview |
Orla Mining Ltd. is a gold exploration company. The Company has two material gold projects Camino Rojo, located in Zacatecas State, Mexico and South Railroad, located in Nevada, United States. Its Camino Rojo Oxide Gold Mine is a gold and silver open-pit and heap leach mine. The property is 100% owned covers over 130,000 hectares which contains a large oxide and sulfide mineral resource. It also developing South Railroad Project, a feasibility-stage, open pit, heap leach gold project located on the Carlin trend in Nevada. Its asset includes 100%-owned Pony Creek property, a 4,500-hectare exploration land package, located adjacent to Company's South Railroad property in the heart of the Carlin trend in Nevada. It also owns Green Springs property located in the southern end of the Cortez trend. It also owns 100% of Cerro Quema located in Panama, which includes a pre-feasibility-stage, open-pit, heap leach gold project, a copper-gold sulfide resource, and various exploration targets. |
Financial Overview |
For the nine months ended 30 September 2024, Orla Mining Ltd revenues increased 47% to $251.2M. Net income increased 100% to $62.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Credit Facility decrease from $6.9M (expense) to $0K, Foreign exchange and other gains (losses increase from $835K (expense) to $5.3M (income). |
Employees: | 327 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,005M as of Sep 30, 2024 |
Annual revenue (TTM): | $439.80M as of Sep 30, 2024 |
EBITDA (TTM): | $253.68M as of Sep 30, 2024 |
Net annual income (TTM): | $6.23M as of Sep 30, 2024 |
Free cash flow (TTM): | $168.87M as of Sep 30, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 321,033,703 as of Nov 15, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |