Orla Mining Ltd. (NYSEAMERICAN:ORLA) Shares Purchased by Toronto Dominion Bank

Toronto Dominion Bank raised its position in Orla Mining Ltd. (NYSEAMERICAN:ORLA) by 536.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,563 shares of the company’s stock after purchasing an additional 23,230 shares during the quarter. Toronto Dominion Bank’s holdings in Orla Mining were worth $106,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in ORLA. Rathbones Group PLC lifted its holdings in Orla Mining by 37.4% in the fourth quarter. Rathbones Group PLC now owns 20,950 shares of the company’s stock worth $69,000 after purchasing an additional 5,700 shares during the period. Renaissance Technologies LLC acquired a new stake in shares of Orla Mining in the 2nd quarter worth approximately $102,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Orla Mining by 92.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 56,883 shares of the company’s stock valued at $218,000 after acquiring an additional 27,315 shares in the last quarter. CIBC Asset Management Inc boosted its holdings in shares of Orla Mining by 2.5% in the fourth quarter. CIBC Asset Management Inc now owns 236,826 shares of the company’s stock valued at $775,000 after acquiring an additional 5,771 shares in the last quarter. Finally, Edmond DE Rothschild Holding S.A. acquired a new position in shares of Orla Mining during the first quarter valued at approximately $893,000. Institutional investors own 43.04% of the company’s stock.

Orla Mining Stock Up 3.0 %

Shares of ORLA stock opened at $4.12 on Wednesday. The stock has a market cap of $1.32 billion, a P/E ratio of -51.49 and a beta of 0.84. Orla Mining Ltd. has a fifty-two week low of $2.60 and a fifty-two week high of $4.50. The company has a quick ratio of 5.02, a current ratio of 5.89 and a debt-to-equity ratio of 0.18.

Orla Mining (NYSEAMERICAN:ORLA) last released its earnings results on Monday, August 12th. The company reported $0.07 EPS for the quarter, meeting the consensus estimate of $0.07. The business had revenue of $84.57 million during the quarter. Orla Mining had a negative net margin of 4.12% and a positive return on equity of 14.36%. On average, equities research analysts anticipate that Orla Mining Ltd. will post 0.23 EPS for the current 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.