ORLA MINING LTD (NYSEARCA:ORLA) Combines Technical Momentum and Fundamental Growth

In growth investing, combining technical momentum with fundamental acceleration often produces favorable candidates. One method gaining attention is the integration of Mark Minervini’s Trend Template with high growth momentum (HGM) screening. This dual method confirms that a stock is not only in a strong technical uptrend but also shows solid underlying growth in earnings, revenue, and profitability, key drivers for continued price appreciation. The strategy focuses on stocks in Stage 2 uptrends, marked by rising moving averages, high relative strength, and closeness to new highs, while also requiring improved financial performance to support additional upside.

ORLA MINING LTD (NYSEARCA:ORLA) appears as a notable example that fits this method. From a technical view, ORLA meets the main criteria of Minervini’s Trend Template. The stock is trading above its key moving averages, including the 50-day ($10.44), 150-day ($9.56), and 200-day SMA ($8.48), with the 150-day and 200-day averages moving upward, a sign of continued bullish momentum. Its current price of $11.06 is well above the 52-week low of $3.81 (a 190% increase) and within 14% of its 52-week high of $12.83, showing strong recovery and momentum traits. Additionally, ORLA has a high relative strength ranking of 95.73, performing better than most stocks, which is important for leadership as highlighted in Minervini’s strategy.

Fundamentally, ORLA shows the high growth momentum needed for strong performance. Earnings per share (EPS) growth is especially notable, with a trailing twelve-month (TTM) growth of 130.77% and quarterly year-over-year gains over 140% in recent periods, including a 185.71% jump in the most recent quarter. Revenue growth is similarly strong, with TTM growth of 116.84% and quarterly growth rates regularly above 47%, reaching 211.76% in the latest quarter. These numbers show not only fast growth but also improvement, a key part of Minervini’s focus on companies with better sales and earnings that draw institutional interest. Profit margins have also gotten better, with the latest quarter showing an 18.28% margin, adding to solid free cash flow growth of 886.37%, a sign of operational efficiency and financial health.

The mix of technical strength and fundamental improvement makes ORLA a significant candidate for growth-focused investors. The stock’s technical rating of 9 out of 10 mirrors its strong trend condition, backed by a positive short-term and long-term trend agreement. While the setup rating is average at 5, indicating some volatility in recent price movement, the overall profile shows a stock in a solid uptrend with good financial support. Key support levels are found between $9.30 and $10.44, offering possible entry points, while resistance near $11.49 and $12.64 shows upside targets.

For a detailed technical breakdown, readers can review the full technical analysis report for ORLA.

Investors looking for similar high-growth, technically good opportunities can explore more results through the High Growth Momentum + Trend Template screen.

Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice. Readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions.