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

Barclays PLC increased its holdings in shares of Orla Mining Ltd. (NYSEAMERICAN:ORLA) by 86.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 47,177 shares of the company’s stock after acquiring an additional 21,877 shares during the period. Barclays PLC’s holdings in Orla Mining were worth $189,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have 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 stake in Orla Mining during the third quarter worth $48,000. Walleye Capital LLC purchased a new stake in Orla Mining during the third quarter worth $69,000. DF Dent & Co. Inc. purchased a new stake in Orla Mining during the third quarter worth $80,000. Finally, Renaissance Technologies LLC purchased a new stake in Orla Mining during the second quarter worth $102,000. Institutional investors and hedge funds own 43.04% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the company. Scotiabank upgraded Orla Mining from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 27th. Desjardins upgraded Orla Mining to a “moderate buy” rating in a research report on Thursday, October 31st.

Orla Mining Stock Performance

Shares of NYSEAMERICAN:ORLA opened at $5.95 on Wednesday. The company has a current ratio of 4.54, a quick ratio of 3.95 and a debt-to-equity ratio of 0.12. Orla Mining Ltd. has a 52-week low of $3.16 and a 52-week high of $6.05. The firm has a market capitalization of $1.91 billion, a PE ratio of -594.41 and a beta of 0.69.

Orla Mining (NYSEAMERICAN:ORLA) last issued its quarterly earnings data on Tuesday, November 12th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.03). Orla Mining had a net margin of 1.42% and a return on equity of 17.04%. The company had revenue of $99.31 million during the quarter. On average, equities research analysts anticipate that Orla Mining Ltd. will post 0.2 EPS for the current fiscal year.

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.