Orla Mining Price Target Lifted to C$35 on Robust 2026 Output Forecast
Orla Mining’s price target was raised to C$35 from C$28 after the company issued strong production guidance for 2026. In Q3 2025 the firm produced nearly 58,000 ounces of gold at Musselwhite and over 22,000 ounces at Camino Rojo, supported by a $357 million liquidity position advancing key growth projects.
1. Analyst Price Target Increase
Orla Mining’s price target was raised to C$35 from C$28 following upward revisions in gold and copper price forecasts for 2026 and 2027, with brokers maintaining a Buy rating on the stock.
2. 2026 Production Guidance
The company provided robust guidance for 2026 production, building on Q3 2025 output of nearly 58,000 ounces at Musselwhite and over 22,000 ounces at Camino Rojo despite temporary pit wall suspension and remediation work.
3. Liquidity and Growth Initiatives
With a strong liquidity position of $357 million, Orla is advancing its South Railroad FAST-41 project in Nevada targeting accelerated production by late 2027 and expanding underground operations at Camino Rojo.