Orla Common Stock vs Common Stock Shares Outstanding Analysis

ORLA Stock  USD 4.77  0.11  2.36%   
Orla Mining financial indicator trend analysis is much more than just breaking down Orla Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orla Mining is a good investment. Please check the relationship between Orla Mining Common Stock and its Common Stock Shares Outstanding accounts. 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 bureau of economic analysis.
For information on how to trade Orla Stock refer to our How to Trade Orla Stock guide.

Common Stock vs Common Stock Shares Outstanding

Common Stock vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orla Mining Common Stock account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Orla Mining's Common Stock and Common Stock Shares Outstanding is 0.96. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Orla Mining, assuming nothing else is changed. The correlation between historical values of Orla Mining's Common Stock and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Orla Mining are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock i.e., Orla Mining's Common Stock and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Orla Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orla Mining current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 bureau of economic analysis.
For information on how to trade Orla Stock refer to our How to Trade Orla Stock guide.At present, Orla Mining's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 28.4 M, whereas Tax Provision is forecasted to decline to about 24.7 M.

Orla Mining fundamental ratios Correlations

0.830.980.370.970.930.920.850.94-0.180.430.930.960.84-0.840.910.931.00.690.870.370.990.841.00.850.91
0.830.760.550.840.70.70.640.68-0.130.530.90.740.98-0.580.710.870.850.280.570.190.750.90.820.80.7
0.980.760.210.920.940.940.810.94-0.190.30.850.960.79-0.80.920.920.970.750.880.40.990.780.980.760.93
0.370.550.210.540.080.090.560.34-0.090.70.640.180.37-0.520.210.230.43-0.110.30.030.280.610.380.720.09
0.970.840.920.540.850.850.920.89-0.170.540.970.910.8-0.860.880.880.970.640.820.340.940.850.960.920.84
0.930.70.940.080.851.00.70.87-0.150.370.810.980.78-0.770.870.90.890.740.810.360.940.680.90.720.89
0.920.70.940.090.851.00.70.87-0.140.380.810.980.78-0.770.870.90.890.740.810.350.940.680.90.720.89
0.850.640.810.560.920.70.70.78-0.10.340.860.810.57-0.80.890.760.860.750.70.320.840.630.860.830.81
0.940.680.940.340.890.870.870.78-0.230.460.850.880.7-0.930.790.790.940.650.970.410.960.80.950.810.8
-0.18-0.13-0.19-0.09-0.17-0.15-0.14-0.1-0.23-0.13-0.15-0.13-0.130.21-0.08-0.02-0.19-0.03-0.26-0.95-0.19-0.23-0.19-0.16-0.08
0.430.530.30.70.540.370.380.340.46-0.130.640.340.47-0.630.130.270.45-0.140.470.060.360.660.380.740.09
0.930.90.850.640.970.810.810.860.85-0.150.640.860.85-0.850.810.860.940.50.770.280.880.890.920.960.77
0.960.740.960.180.910.980.980.810.88-0.130.340.860.78-0.790.940.940.930.80.810.360.970.690.940.760.95
0.840.980.790.370.80.780.780.570.7-0.130.470.850.78-0.550.720.90.840.330.590.210.770.870.820.730.74
-0.84-0.58-0.8-0.52-0.86-0.77-0.77-0.8-0.930.21-0.63-0.85-0.79-0.55-0.68-0.62-0.85-0.56-0.92-0.35-0.85-0.74-0.84-0.89-0.63
0.910.710.920.210.880.870.870.890.79-0.080.130.810.940.72-0.680.940.890.870.680.340.910.60.910.70.99
0.930.870.920.230.880.90.90.760.79-0.020.270.860.940.9-0.620.940.920.690.670.220.910.740.920.720.95
1.00.850.970.430.970.890.890.860.94-0.190.450.940.930.84-0.850.890.920.640.880.370.980.881.00.860.88
0.690.280.75-0.110.640.740.740.750.65-0.03-0.140.50.80.33-0.560.870.690.640.570.340.760.210.690.420.87
0.870.570.880.30.820.810.810.70.97-0.260.470.770.810.59-0.920.680.670.880.570.410.910.770.880.760.67
0.370.190.40.030.340.360.350.320.41-0.950.060.280.360.21-0.350.340.220.370.340.410.40.260.380.260.34
0.990.750.990.280.940.940.940.840.96-0.190.360.880.970.77-0.850.910.910.980.760.910.40.780.990.80.92
0.840.90.780.610.850.680.680.630.8-0.230.660.890.690.87-0.740.60.740.880.210.770.260.780.840.870.58
1.00.820.980.380.960.90.90.860.95-0.190.380.920.940.82-0.840.910.921.00.690.880.380.990.840.840.9
0.850.80.760.720.920.720.720.830.81-0.160.740.960.760.73-0.890.70.720.860.420.760.260.80.870.840.63
0.910.70.930.090.840.890.890.810.8-0.080.090.770.950.74-0.630.990.950.880.870.670.340.920.580.90.63
Click cells to compare fundamentals

Orla Mining Account Relationship Matchups

Orla Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets150.3M239.2M364.9M613.8M535.8M562.6M
Total Current Liabilities2.4M7.7M37.8M97.8M28.7M30.1M
Total Stockholder Equity124.6M160.6M184.4M397.0M400.5M420.6M
Net Debt(394.3K)(1.8M)142.2M52.7M(5.3M)(5.1M)
Accounts Payable489.2K2.6M6.0M6.7M5.7M6.0M
Cash23.0M72.2M20.5M96.3M96.6M101.5M
Cash And Short Term Investments23.0M72.2M20.5M96.3M96.1M100.9M
Net Receivables93.4K204K17.1M9.0M15.9M16.7M
Common Stock Shares Outstanding182.6M217.1M241.4M292.8M311.5M327.1M
Liabilities And Stockholders Equity150.3M239.2M364.9M613.8M535.8M562.6M
Total Liab25.8M78.6M180.5M216.8M135.2M142.0M
Total Current Assets23.1M73.1M48.3M132.9M145.2M152.4M
Other Current Liab1.9M5.0M6.1M31.2M10.0M10.5M
Retained Earnings(64.1M)(90.3M)(116.5M)(70.8M)(97.8M)(92.9M)
Other Current Assets49.4K716K1.1M5.1M3.7M3.9M
Non Current Assets Total127.2M166.1M316.6M481.0M390.6M410.1M
Non Currrent Assets Other1.3M8.6M8.7M11.4M179.0M187.9M
Common Stock Total Equity138.7M147.6M208.2M217.9M250.6M263.2M
Common Stock159.4M217.9M269.2M445.3M474.4M498.1M
Property Plant And Equipment Net125.4M154.7M304.1M467.2M210.6M126.1M
Property Plant And Equipment Gross163.8M154.7M305.2M489.6M436.1M457.9M
Accumulated Other Comprehensive Income29.3M32.9M31.7M22.4M23.9M15.4M
Non Current Liabilities Total23.4M70.9M142.7M119.1M106.0M57.1M
Other Assets1.8M11.4M12.4M13.8M(742.8K)(705.6K)
Net Tangible Assets125.2M160.6M184.4M397.0M456.5M479.4M
Property Plant Equipment125.9M154.7M304.1M467.2M537.2M564.1M
Net Invested Capital147.1M230.7M345.8M542.8M488.9M318.2M
Net Working Capital20.7M65.4M10.6M35.1M116.5M122.3M
Short Long Term Debt Total22.6M70.4M162.8M149.0M91.3M91.7M
Other Liab836K610K28.4M15.9M18.3M10.2M
Long Term Debt22.5M70.1M136.1M100.8M88.4M77.4M
Capital Stock159.4M217.9M269.2M445.3M474.4M314.2M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Orla Mining offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orla Mining's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Orla Mining Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orla Mining Stock:
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 bureau of economic analysis.
For information on how to trade Orla Stock refer to our How to Trade Orla Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Orla Mining. If investors know Orla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Orla Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.507
Revenue Per Share
0.991
Quarterly Revenue Growth
0.647
Return On Assets
0.0671
Return On Equity
0.0095
The market value of Orla Mining is measured differently than its book value, which is the value of Orla that is recorded on the company's balance sheet. Investors also form their own opinion of Orla Mining's value that differs from its market value or its book value, called intrinsic value, which is Orla Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Orla Mining's market value can be influenced by many factors that don't directly affect Orla Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Orla Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orla Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orla Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.