Orla Mining Announces Strategic Expansion into Canada with Acquisition of the Musselwhite Gold Mine [Globe and Mail, The (Toronto, Canada)]
Orla Mining Ltd. Common Shares (ORLA)
Company Research
Source: Globe and Mail, The
Orla to Become a Premier, North America-Focused, Multi-Asset, Low Cost, Producing Gold Company. VANCOUVER, BC Nov. 18, 2024 /CNW/ - Orla Mining Ltd . (TSX: OLA) (NYSE: ORLA) (" Orla " or the " Company ") is pleased to announce it has entered into a definitive agreement (the " Agreement ") to acquire the Musselwhite Gold Mine (" Musselwhite ") in Ontario from Newmont Corporation (" Newmont ") for upfront cash consideration of $810 million and gold-price linked contingent consideration of $40 million (the " Transaction The cash consideration will be financed through a combination of cash, existing undrawn debt capacity, new indebtedness, a gold pre-pay facility, and convertible notes led by Orla's existing cornerstone investors. There is no upfront equity dilution associated with the Transaction. The Transaction adds a second high quality, high margin producing asset to Orla's portfolio. The combination of the proven Musselwhite mine and Orla's low-cost Camino Rojo oxide operatio
Show less
Read more
Impact Snapshot
Event Time:
ORLA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ORLA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ORLA alerts
High impacting Orla Mining Ltd. Common Shares news events
Weekly update
A roundup of the hottest topics
ORLA
News
- Orla Mining's (TSE:OLA) Soft Earnings Are Actually Better Than They Appear [Yahoo! Finance]Yahoo! Finance
- Orla Mining Announces Strategic Expansion into Canada with Acquisition of the Musselwhite Gold Mine [Yahoo! Finance]Yahoo! Finance
- Declining Stock and Decent Financials: Is The Market Wrong About Orla Mining Ltd. (TSE:OLA)? [Yahoo! Finance]Yahoo! Finance
- Orla Mining Ltd (ORLA) Q3 2024 Earnings Call Highlights: Record Gold Production and Revenue ... [Yahoo! Finance]Yahoo! Finance
- Orla Mining Reports Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
ORLA
Sec Filings
- 11/18/24 - Form 6-K
- 11/13/24 - Form 6-K
- 11/13/24 - Form 6-K
- ORLA's page on the SEC website