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Orla Mining Non-GAAP EPS of $0.04, revenue of $51.1M; remains on track to meet 2023 guidance

May 12, 2023 12:43 AM ETOrla Mining Ltd. (ORLA) Stock, OLA:CA StockBy: Meghavi Singh, SA News Editor
  • Orla Mining press release (NYSE:ORLA): Q1 Non-GAAP EPS of $0.04.
  • Revenue of $51.1M (+29.0% Y/Y).
  • During the first quarter, gold production was 25,910 ounces and gold sold was 26,859 ounces (pre-released, April 14, 2023).
  • All-in sustaining costs of $693 per ounce of gold sold during the first quarter 2023.
  • Cash balance of $83.8 million and net debt1 of $56.6 million at March 31, 2023.
  • The Company remains on track to meet 2023 annual gold production guidance of 100,000 to 110,000 ounces.
  • The Company remains on track to meet 2023 annual AISC guidance of $750 to $850 /oz sold.

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