Orla Mining (TSE:OLA) has released an update.
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Orla Mining Ltd. has reported a productive first quarter of 2024, with 33,223 ounces of gold produced and a net income of $17.5 million, marking significant financial growth from the previous year. The company’s all-in sustaining costs were at $909 per ounce, and they ended the quarter with a strong cash balance of $118.1 million. Additionally, Orla has reduced its debt by repaying $10 million of its revolving credit facility.
For further insights into TSE:OLA stock, check out TipRanks’ Stock Analysis page.
