Edmond DE Rothschild Holding S.A. Has $1.14 Million Position in Orla Mining Ltd. (NYSEAMERICAN:ORLA)

Edmond DE Rothschild Holding S.A. lessened its stake in shares of Orla Mining Ltd. (NYSEAMERICAN:ORLA) by 13.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 205,697 shares of the company’s stock after selling 32,211 shares during the period. Edmond DE Rothschild Holding S.A. owned about 0.06% of Orla Mining worth $1,138,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Walleye Capital LLC acquired a new stake in shares of Orla Mining in the third quarter valued at approximately $69,000. DF Dent & Co. Inc. acquired a new stake in Orla Mining during the 3rd quarter valued at $80,000. Sanctuary Advisors LLC bought a new position in Orla Mining during the third quarter worth $90,000. Aigen Investment Management LP acquired a new position in shares of Orla Mining in the fourth quarter valued at $129,000. Finally, Raymond James Financial Inc. bought a new position in shares of Orla Mining in the fourth quarter valued at about $173,000. 43.04% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ORLA has been the topic of several research reports. Stifel Canada raised Orla Mining to a “strong-buy” rating in a research report on Wednesday, March 19th. TD Securities raised Orla Mining to a “hold” rating in a report on Tuesday, February 4th. Finally, TD Cowen initiated coverage on shares of Orla Mining in a report on Tuesday, February 4th. They issued a “hold” rating for the company. Two research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $6.13.

Orla Mining Trading Down 0.5 %

Shares of Orla Mining stock opened at $9.30 on Wednesday. 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 company has a market cap of $3.00 billion, a P/E ratio of -929.07 and a beta of 0.71. The stock’s 50 day moving average price is $7.32. Orla Mining Ltd. has a 1-year low of $3.24 and a 1-year high of $9.62.

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.