1 week Ago By ABMN Staff
Orla Mining Ltd. ( NYSEAMERICAN:ORLA – Get Free Report )’s stock price traded up 6.6% on Friday .
The company traded as high as $10.97 and last traded at $10.53.
360,229 shares were traded during mid-day trading, a decline of 39% from the average session volume of 595,301 shares. The stock had previously closed at $9.88.
Wall Street Analysts Forecast Growth ORLA has been the subject of a number of research analyst reports. TD Securities raised shares of Orla Mining to a “hold” rating in a research note on Tuesday, February 4th. TD Cowen began coverage on shares of Orla Mining in a research report on Tuesday, February 4th.
They issued a “hold” rating for the company. Finally, Stifel Canada upgraded Orla Mining to a “strong-buy” rating in a research report on Wednesday, March 19th. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the stock.
According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $6.13. Check Out Our Latest Analysis on Orla Mining Orla Mining Stock Performance Hedge Funds Weigh In On Orla Mining A number of hedge funds and other institutional investors have recently bought and sold shares of ORLA.
Mackenzie Financial Corp increased its holdings in shares of Orla Mining by 17.2% during the fourth quarter. Mackenzie Financial Corp now owns 145,765 shares of the company’s stock worth $806,000 after purchasing an additional 21,353 shares during the period.
Two Sigma Advisers LP bought a new position in Orla Mining in the 4th quarter valued at approximately $84,000. Two Sigma Investments LP lifted its stake in shares of Orla Mining by 453.8% in the 4th quarter.
Two Sigma Investments LP now owns 360,170 shares of the company’s stock valued at $1,995,000 after acquiring an additional 295,133 shares during the last quarter. Toronto Dominion Bank boosted its stake in shares of Orla Mining by 167.4% during the fourth quarter.
Toronto Dominion Bank now owns 45,906 shares of the company’s stock valued at $254,000 after purchasing an additional 28,741 shares in the last quarter. Finally, Gotham Asset Management LLC boosted its position in Orla Mining by 11.8% during the 4th quarter.
Gotham Asset Management LLC now owns 19,393 shares of the company’s stock worth $107,000 after buying an additional 2,048 shares during the period. Institutional investors own 43.04% of the company’s stock.
Orla Mining Company Profile ( Get Free Report ) 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. Read More Receive News & Ratings for Orla Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orla Mining and related companies with MarketBeat.com's FREE daily email newsletter .
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