Orla Mining Stock Fundamentals
| OLA Stock | CAD 6.42 0.01 0.16% |
Orla Mining fundamentals help investors to digest information that contributes to Orla Mining's financial success or failures. It also enables traders to predict the movement of Orla Stock. The fundamental analysis module provides a way to measure Orla Mining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Orla Mining stock.
At this time, Orla Mining's Income Tax Expense is very stable compared to the past year. As of the 23rd of November 2024, Depreciation And Amortization is likely to grow to about 42.1 M, though Net Loss is likely to grow to (25.7 M). Orla | Select Account or Indicator |
Orla Mining Company Return On Equity Analysis
Orla Mining's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Orla Mining Return On Equity | 0.0095 |
Most of Orla Mining's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Orla Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Orla Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Orla Mining is extremely important. It helps to project a fair market value of Orla Stock properly, considering its historical fundamentals such as Return On Equity. Since Orla Mining's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Orla Mining's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Orla Mining's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Orla Total Stockholder Equity
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Based on the latest financial disclosure, Orla Mining has a Return On Equity of 0.0095. This is 98.96% lower than that of the Metals & Mining sector and 90.5% lower than that of the Materials industry. The return on equity for all Canada stocks is 103.06% lower than that of the firm.
Orla Mining Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Orla Mining's current stock value. Our valuation model uses many indicators to compare Orla Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Orla Mining competition to find correlations between indicators driving Orla Mining's intrinsic value. More Info.Orla Mining is regarded third in return on equity category among its peers. It also is regarded third in return on asset category among its peers reporting about 7.06 of Return On Asset per Return On Equity. At this time, Orla Mining's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Orla Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Orla Mining's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Orla Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Orla Mining's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Orla Mining could also be used in its relative valuation, which is a method of valuing Orla Mining by comparing valuation metrics of similar companies.Orla Mining is currently under evaluation in return on equity category among its peers.
Orla Fundamentals
| Return On Equity | 0.0095 | ||||
| Return On Asset | 0.0671 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.46 % | ||||
| Current Valuation | 1.79 B | ||||
| Shares Outstanding | 321.55 M | ||||
| Shares Owned By Insiders | 51.65 % | ||||
| Shares Owned By Institutions | 48.83 % | ||||
| Number Of Shares Shorted | 4.41 M | ||||
| Price To Book | 2.92 X | ||||
| Price To Sales | 6.58 X | ||||
| Revenue | 233.64 M | ||||
| Gross Profit | 142.81 M | ||||
| EBITDA | 123.78 M | ||||
| Net Income | (27.01 M) | ||||
| Cash And Equivalents | 20.52 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 91.26 M | ||||
| Debt To Equity | 5.70 % | ||||
| Current Ratio | 2.34 X | ||||
| Book Value Per Share | 1.50 X | ||||
| Cash Flow From Operations | 65.3 M | ||||
| Short Ratio | 12.98 X | ||||
| Target Price | 5.59 | ||||
| Number Of Employees | 327 | ||||
| Beta | 1.58 | ||||
| Market Capitalization | 2.07 B | ||||
| Total Asset | 535.78 M | ||||
| Retained Earnings | (97.77 M) | ||||
| Working Capital | 116.52 M | ||||
| Net Asset | 535.78 M |
About Orla Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Orla Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Orla Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Orla Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 4.1 M | 2.6 M | |
| Cost Of Revenue | 92.1 M | 96.7 M | |
| Total Revenue | 233.6 M | 245.3 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.07 | 0.07 | |
| Capex To Revenue | 0.09 | 0.08 | |
| Revenue Per Share | 0.75 | 0.38 | |
| Ebit Per Revenue | 0.03 | 0.03 |
Pair Trading with Orla Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Orla Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Orla Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Orla Stock
| 0.84 | AG | First Majestic Silver | PairCorr |
| 0.78 | IE | Ivanhoe Energy | PairCorr |
| 0.68 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to Orla Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orla Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Orla Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Orla Mining to buy it.
The correlation of Orla Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Orla Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orla Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Orla Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orla Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Orla Stock, please use our How to Invest in Orla Mining guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.