The Globe and Mail reports in its Friday, June 2, edition that Stifel analyst Stephen Soock resumed coverage of Orla Mining with a "buy" recommendation and $7.25 share target, matching the consensus. The Globe's David Leeder writes that Mr. Soock says in a note: "Orla is a gold producer and exploration company with assets in Mexico, Panama and the United States. Each property hosts both near-surface oxide gold deposits and deeper polymetallic sulphide deposit. The Camino Rojo oxide heap leach mine is currently operating in Mexico with another two in the permitting stage. We model production to be more than 250koz AuEq/yr by 2028. The next two growth projects are expected to be internally funded from operational free cash flow, limiting the likelihood of equity dilution over the next five years. Since the 2022 acquisition of South Railroad from Gold Standard, Orla drilling has hit high-grade at multiple targets nearby on the under-explored land package We expect the company will unlock additional exploration value across the sparsely drilled land packages in all three countries." The Globe reported on June 15 that Canaccord Genuity cut Orla to "hold" from "speculative buy." It was then worth $4.39.