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Stock impact report

Orla Mining Reports Third Quarter 2024 Financial Results [Globe and Mail, The (Toronto, Canada)]

Orla Mining Ltd. Common Shares (ORLA) 
VANCOUVER, BC Nov. 12, 2024 /CNW/ - Orla Mining Ltd. (TSX: OLA) (NYSE: ORLA) ("Orla" or the "Company") today announces the results for the third quarter ended September 30, 2024 (All amounts expressed in U.S. dollars unless otherwise stated) Third Quarter 2024 Highlights Third quarter gold production was 43,788 ounces and gold sold was 38,265 ounces. As a result of the continued outperformance at Camino Rojo, the Company increased its full year gold production guidance to 130,000 to 140,000 ounces. (pre-released) Third quarter all-in sustaining cost ("AISC") was per ounce of gold sold, while year to date AISC was per ounce of gold sold. Full year AISC is expected to reach the low end of the improved guidance range of to per ounce of gold sold. Net income for the third quarter was $21.1 million or per share. Adjusted earnings for the third quarter were $19.2 million or per share. Third quarter operating profit margin of 65%, and net profit margin of 21%. Cash flow from Show less Read more
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