Orla Mining ( (TSE:OLA) ) has issued an update.
Orla Mining reported strong financial results for the fourth quarter of 2024, with gold production reaching 136,748 ounces for the year, meeting its guidance range. The acquisition of the Musselwhite Mine is set to more than double Orla’s gold production, enhancing its North American presence and providing significant growth momentum for 2025. The company ended the year with a solid financial position, having repaid its revolving credit facility and holding a cash balance of $161 million.
More about Orla Mining
Orla Mining Ltd. is a company operating in the mining industry, focusing primarily on gold production. The company is known for its operations at the Camino Rojo Oxide Gold Mine and has recently expanded its footprint into Canada with the acquisition of the Musselwhite Mine.
YTD Price Performance: 54.88%
Average Trading Volume: 564,764
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$4.02B
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