Stifel Raises Orla Mining (ORLA) PT to C$35 Following Strong 2026 Production Guidance

Orla Mining Ltd. (NYSE:ORLA) is one of the most undervalued gold stocks to buy according to analysts. On February 10, Stifel analyst Ingrid Rico increased the price target for Orla Mining to C$35 from C$28, while maintaining a Buy rating.

On February 4, CIBC also increased its price target for Orla Mining to C$32 from C$27 with a Buy rating. This adjustment is part of a broader increase in targets across the precious metals sector, following the firm’s decision to raise gold price forecasts to $6,000 per ounce for 2026 and $6,500 for 2027. Additionally, the firm raised its copper price assumptions. The demand drivers from 2025 are expected to persist through 2026, though accompanied by increased geopolitical uncertainty.

In Q3 2025, Orla Mining Ltd. (NYSE:ORLA) achieved substantial gold production across its assets, with the Musselwhite mine contributing nearly 58,000 ounces and Camino Rojo producing over 22,000 ounces despite a temporary pit wall suspension that required remediation work. With a robust liquidity position of $357 million, Orla is advancing key growth initiatives, including the South Railroad project in Nevada—which may see accelerated gold production by late 2027 due to its FAST-41 status—and the Camino Rojo underground expansion.

Hecla’s Casa Berardi Mine. Photo from Hecla Mining website

Orla Mining Ltd. (NYSE:ORLA) acquires, explores, develops, and exploits mineral properties. It explores gold, silver, zinc, lead, and copper deposits.

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