Orla Mining gains on higher quarterly production

Orla Mining

14/04/2025 16:16

** Shares of Canadian gold producer Orla Mining OLA.TO rise 1.4% to C$15

** Company reports total gold production of 47,759 ounces in Q1, compared with 33,223 ounces a year ago

** OLA produces 29,973 ounces of gold at its Camino Rojo mine in Mexico in Q1

** Camino Rojo mine is on track to achieve annual forecast of 110,000 to 120,000 ounces of gold production - company

** OLA produced 17,786 ounces of gold at its Musselwhite mine in Canada in March

** Company completed acquisition of Musselwhite on February 28 and operational figures are provided from March onwards

** Including session's moves, shares up 89% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))