Orla Mining Ltd. (NYSEAMERICAN:ORLA) Shares Acquired by National Bank of Canada FI

National Bank of Canada FI boosted its stake in Orla Mining Ltd. (NYSEAMERICAN:ORLA) by 21.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 421,108 shares of the company’s stock after acquiring an additional 74,293 shares during the period. National Bank of Canada FI’s holdings in Orla Mining were worth $1,687,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new position in Orla Mining during the third quarter worth $43,000. Kitching Partners LLC purchased a new position in Orla Mining during the 3rd quarter valued at about $48,000. Walleye Capital LLC purchased a new position in Orla Mining during the 3rd quarter valued at about $69,000. Renaissance Technologies LLC acquired a new position in Orla Mining in the 2nd quarter valued at about $102,000. Finally, Toronto Dominion Bank increased its stake in Orla Mining by 536.1% during the second quarter. Toronto Dominion Bank now owns 27,563 shares of the company’s stock worth $106,000 after purchasing an additional 23,230 shares during the period. Institutional investors and hedge funds own 43.04% of the company’s stock.

Orla Mining Price Performance

Shares of Orla Mining stock opened at $5.58 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.54 and a quick ratio of 3.95. Orla Mining Ltd. has a one year low of $2.93 and a one year high of $5.80. The stock has a market cap of $1.79 billion, a PE ratio of -557.44 and a beta of 0.75.

Analyst Ratings Changes

Several research firms have recently commented on ORLA. Scotiabank raised shares of Orla Mining from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 27th. Desjardins upgraded shares of Orla Mining to a “moderate buy” rating in a research note on Thursday, October 31st.

Orla Mining Company Profile

Orla Mining Ltd. acquires, explores, develops, and exploits mineral properties. The company explores for gold, silver, zinc, lead, and copper deposits. It owns 100% interests in the Camino Rojo project that consists of seven concessions covering an area of 138,636 hectares located in Zacatecas, Mexico; Cerro Quema project totaling an area of 15,000 hectares located in the Azuero Peninsula, Panama; and the South Railroad project consisting of an area of 21,000 hectares located in Elko, Nevada.