Goehring & Rozencwajg Associates LLC Has $4.97 Million Holdings in Orla Mining Ltd. (NYSEAMERICAN:ORLA)

Goehring & Rozencwajg Associates LLC raised its holdings in shares of Orla Mining Ltd. (NYSEAMERICAN:ORLA) by 16.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,295,214 shares of the company’s stock after purchasing an additional 181,900 shares during the period. Goehring & Rozencwajg Associates LLC owned 0.41% of Orla Mining worth $4,969,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Rathbones Group PLC boosted its stake in Orla Mining by 37.4% during the 4th quarter. Rathbones Group PLC now owns 20,950 shares of the company’s stock worth $69,000 after acquiring an additional 5,700 shares during the last quarter. Renaissance Technologies LLC bought a new position in Orla Mining during the 2nd quarter worth approximately $102,000. Aigen Investment Management LP boosted its stake in Orla Mining by 133.5% during the 4th quarter. Aigen Investment Management LP now owns 35,525 shares of the company’s stock worth $116,000 after acquiring an additional 20,309 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Orla Mining by 92.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 56,883 shares of the company’s stock worth $218,000 after acquiring an additional 27,315 shares during the last quarter. Finally, Edmond DE Rothschild Holding S.A. bought a new position in Orla Mining during the 1st quarter worth approximately $893,000. 43.04% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Scotiabank downgraded shares of Orla Mining from a “sector outperform” rating to a “sector perform” rating in a report on Thursday, May 23rd.

Orla Mining Trading Down 1.5 %

NYSEAMERICAN ORLA opened at $4.05 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 5.02 and a current ratio of 5.89. Orla Mining Ltd. has a 12-month low of $2.60 and a 12-month high of $4.50. The company has a market capitalization of $1.30 billion, a PE ratio of -50.62 and a beta of 0.84.

Orla Mining (NYSEAMERICAN:ORLA) last released its quarterly earnings data on Monday, August 12th. The company reported $0.07 earnings per share for the quarter, hitting the consensus estimate of $0.07. The company had revenue of $84.57 million for the quarter. Orla Mining had a negative net margin of 4.12% and a positive return on equity of 14.36%. As a group, research analysts predict that Orla Mining Ltd. will post 0.22 EPS for the current fiscal year.

Orla Mining 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.