Orla Mining Ltd. (NYSEAMERICAN:ORLA) Shares Bought by Barclays PLC

Barclays PLC lifted its holdings in Orla Mining Ltd. (NYSEAMERICAN:ORLA) by 86.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 47,177 shares of the company’s stock after purchasing an additional 21,877 shares during the quarter. Barclays PLC’s holdings in Orla Mining were worth $189,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. CWA Asset Management Group LLC acquired a new stake in Orla Mining in the third quarter worth approximately $5,927,000. Goehring & Rozencwajg Associates LLC lifted its holdings in shares of Orla Mining by 16.3% in the second quarter. Goehring & Rozencwajg Associates LLC now owns 1,295,214 shares of the company’s stock valued at $4,969,000 after buying an additional 181,900 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in Orla Mining by 50.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 450,000 shares of the company’s stock valued at $1,812,000 after buying an additional 150,000 shares in the last quarter. National Bank of Canada FI grew its holdings in Orla Mining by 21.4% during the third quarter. National Bank of Canada FI now owns 421,108 shares of the company’s stock worth $1,687,000 after acquiring an additional 74,293 shares during the period. Finally, American Century Companies Inc. raised its position in Orla Mining by 4.3% in the second quarter. American Century Companies Inc. now owns 412,400 shares of the company’s stock worth $1,583,000 after acquiring an additional 17,100 shares in the last quarter. 43.04% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Orla Mining Price Performance

Shares of ORLA opened at $5.65 on Tuesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.95 and a current ratio of 4.54. The stock has a market capitalization of $1.81 billion, a P/E ratio of -564.44 and a beta of 0.75. Orla Mining Ltd. has a 1-year low of $3.02 and a 1-year high of $6.05.

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.