Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Orla Mining (TSE:OLA) Shareholders Will Want The ROCE Trajectory To Continue [Yahoo! Finance]

Orla Mining Ltd. Common Shares (ORLA) 
Company Research Source: Yahoo! Finance
return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. With that in mind, we've noticed some promising trends at Orla Mining TSE:OLA ) so let's look a bit deeper. Understanding Return On Capital Employed (ROCE) Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. Analysts use this formula to calculate it for Orla Mining: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.074 = US$42m ÷ (US$594m - US$33m) (Based on the trailing twelve months to June 2024) Therefore, Orla Mining has an ROCE of 7.4%. On its own that's a low return, but compared to the average of 3.2% generated by the Metals and Mining industry, it's much better. Above you can see how the cur 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
Opt-in for ORLA alerts
Opt-in for
ORLA alerts

from News Quantified
Opt-in for
ORLA alerts

from News Quantified