Orla Mining now debt-free after repaying revolving credit facility

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Orla Mining (NYSE:ORLA) +1.9% in early trading Tuesday after saying it repaid all of the outstanding balance on its revolving credit facility totaling $58.4M, which makes the company debt free with $...

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Orla's  $150M credit facility will remain in place and be available to the company until its August 2027 expiration. The company said paying down the remaining outstanding balance on its credit facility, only in its third year of operations, is a testament to the strong cash generation from the Camino Rojo mine in Mexico. Camino Rojo is one of Orla's  two material gold projects, alongside the South Railroad mine in Nevada.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ORLA":"Orla Mining Ltd","BK4017":"黄金"},"translate_title":"Orla Mining在偿还循环信贷额度后现已无债务","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ORLA":0.9},"content_text":"Orla Mining (NYSE:ORLA) +1.9% in early trading Tuesday after saying it repaid all of the outstanding balance on its revolving credit facility totaling $58.4M, which makes the company debt free with $120M cash on hand. 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