Q: I own Orla. What do you think of it currently? Would it still be included in your top 3 junior gold miners (see question from Nov 2023)? If you held it--would you switch for another junior miner at this time?
5i Research Answer:
We think OLA continues to look solid and yes would be in our top 3 or 5 junior/mid caps. Stock momentum is positive, the balance sheet is strong and good growth is expected. Free cash flow is growing and there has been some insider buying (last six months). All in costs at $909/ounce continue to be most impressive, and the Q1 results beat estimates.