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Orla Mining (NYSE:ORLA) +2.1% in early trading Monday after raising its full-year production guidance, citing better than expected performance from its Camino Rojo mining operation in Mexico.
The company said Q3 Camino Rojo production and sales totaled 32,425 and 31,060 oz of gold, respectively, and for the full year, it raised production guidance to 110K-120K oz from initial guidance of 100K-110K oz.
Ore and waste mined YTD totaled more than 8.93M oz, including 2.93M oz in Q3, the company said.
Orla Mining (ORLA) said it had a cash position of $132.7M and $36.7M undrawn on its revolving credit facility for total liquidity of $169.4M at the end of Q3.
