Orla Mining (ORLA) Benefits From Analyst Optimism Amid Higher Gold Price

Orla Mining Ltd. (NYSE:ORLA) is one of the 10 undervalued growth stocks for the next 5 years. On February 4, CIBC analyst Cosmos Chiu increased the firm’s price target on Orla Mining Ltd. (NYSE:ORLA) from C$27 to C$32 while reaffirming an Outperformer rating. After revising its gold price outlook higher to $6,000 per ounce in 2026 and $6,500 in 2027, the firm increased price targets across the broader precious metals sector. In addition to gold, CIBC also raised its assumptions for copper prices. The analyst told investors that the major demand drivers supporting the sector in 2025 are expected to carry over into 2026.

In addition to CIBC, BMO Capital also raised its price target on Orla Mining Ltd. (NYSE:ORLA) on January 26. Andrew Mikitchook from BMO Capital Markets kept his Buy rating on the stock while increasing the firm’s price target from C$22 to C$30. The firm’s revised price target suggests a further 27% upside from the current levels. This upside is consistent with the median Wall Street analyst upside of 24.26% based on 10 analysts covering the stock.

Orla Mining Ltd. (NYSE:ORLA) develops, acquires, and explores mineral properties. The company explores copper, gold, zinc, silver, and lead deposits. It owns 100% interests in the Camino Rojo project and holds an interest in the acquisition of the Musselwhite Gold Mine project. Orla Mining was founded in 2007 and is based in Vancouver, Canada.

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Disclosure: None. This article is originally published at Insider Monkey.