Orla Mining (ORLA) Shares Soar 6.03% to Record High on Gold Price Rally

Orla Mining (ORLA) shares surged to a record high today, with an intraday gain of 6.03%.

Orla Mining's stock price has seen a significant surge, reaching an all-time high. This increase can be attributed to several factors. Firstly, Orla Mining is among the best-performing gold stocks, with a strong year-to-date performance. This performance is likely driven by the rising gold prices, which benefit mining companies by widening profit margins. Additionally, Orla Mining's recent expansion activities, such as the start of the 2025 exploration drilling program at the Musselwhite Mine, may have positively influenced investor sentiment and contributed to the stock's rise. Furthermore, increased stakes by institutional investors, such as Mackenzie Financial Corp lifting its position in Orla Mining by 17.2% during the fourth quarter, also indicate growing confidence in the company's prospects.