Zurcher Kantonalbank Zurich Cantonalbank Boosts Holdings in Orla Mining Ltd. (NYSEAMERICAN:ORLA)

Zurcher Kantonalbank Zurich Cantonalbank grew its position in Orla Mining Ltd. (NYSEAMERICAN:ORLA) by 50.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 55,089 shares of the company’s stock after acquiring an additional 18,375 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Orla Mining were worth $180,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in ORLA. Bank of Nova Scotia purchased a new position in Orla Mining in the 3rd quarter worth about $53,000. Quantbot Technologies LP bought a new stake in shares of Orla Mining during the third quarter valued at approximately $54,000. First Personal Financial Services boosted its holdings in shares of Orla Mining by 22.1% in the fourth quarter. First Personal Financial Services now owns 38,115 shares of the company’s stock valued at $124,000 after purchasing an additional 6,905 shares during the period. HighTower Advisors LLC grew its stake in Orla Mining by 12.2% in the third quarter. HighTower Advisors LLC now owns 80,617 shares of the company’s stock worth $290,000 after purchasing an additional 8,780 shares in the last quarter. Finally, Alberta Investment Management Corp purchased a new position in Orla Mining during the 3rd quarter worth $373,000. Institutional investors own 43.04% of the company’s stock.

Orla Mining Trading Down 2.0 %

Shares of ORLA stock opened at $3.89 on Wednesday. Orla Mining Ltd. has a twelve month low of $2.60 and a twelve month high of $4.82. The company has a debt-to-equity ratio of 0.23, a current ratio of 5.07 and a quick ratio of 4.04. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of -43.22 and a beta of 0.84.

Orla Mining (NYSEAMERICAN:ORLA) last posted its quarterly earnings results on Tuesday, March 19th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.04. Orla Mining had a positive return on equity of 11.09% and a negative net margin of 11.56%. The business had revenue of $62.95 million for the quarter. Equities research analysts predict that Orla Mining Ltd. will post 0.12 earnings per share for the current fiscal year.

About Orla Mining

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.