Concurrent Investment Advisors LLC Makes New $1.20 Million Investment in Orla Mining Ltd. $ORLA

Key Points

• Concurrent Investment Advisors LLC established a new Q4 position in Orla Mining (ORLA) of 88,828 shares, valued at approximately $1.20 million.
• Several institutions also increased or initiated stakes—Connor Clark & Lunn holds 7,251,539 shares (~$78.2M) and Allspring nearly doubled its position—leaving institutional ownership at about 43.04%.
• ORLA has a market cap of $4.53 billion, a P/E of 50.39 and a 52‑week range of $8.50–$21.98; analysts have an average Buy rating with a consensus price target of $27.00.

Concurrent Investment Advisors LLC acquired a new position in shares of Orla Mining Ltd. (NYSEAMERICAN:ORLA - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 88,828 shares of the company's stock, valued at approximately $1,197,000.

Other institutional investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its position in shares of Orla Mining by 99.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,208,500 shares of the company's stock worth $13,031,000 after acquiring an additional 601,500 shares in the last quarter. Tudor Investment Corp ET AL purchased a new stake in shares of Orla Mining during the third quarter worth $776,000. Gabelli Funds LLC lifted its position in shares of Orla Mining by 9.7% during the third quarter. Gabelli Funds LLC now owns 1,125,800 shares of the company's stock worth $12,159,000 after acquiring an additional 100,000 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Orla Mining by 41.1% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 7,251,539 shares of the company's stock worth $78,194,000 after acquiring an additional 2,111,765 shares in the last quarter. Finally, Forge First Asset Management Inc. purchased a new stake in shares of Orla Mining during the third quarter worth $1,079,000. Institutional investors and hedge funds own 43.04% of the company's stock.

Orla Mining Stock Up 1.1%

ORLA opened at $13.10 on Friday. The stock has a market cap of $4.53 billion, a PE ratio of 50.39 and a beta of 0.37. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 0.52. Orla Mining Ltd. has a 52 week low of $8.50 and a 52 week high of $21.98. The business's fifty day simple moving average is $16.69 and its 200 day simple moving average is $14.78.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on ORLA shares. ATB Cormark Capital Markets upgraded Orla Mining from a "hold" rating to a "moderate buy" rating in a research report on Monday, February 23rd. BMO Capital Markets reaffirmed an "outperform" rating on shares of Orla Mining in a report on Monday, January 26th. Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating on shares of Orla Mining in a report on Wednesday, February 4th. National Bank Financial assumed coverage on shares of Orla Mining in a report on Monday, January 12th. They issued an "outperform" rating on the stock. Finally, Scotiabank reaffirmed an "outperform" rating on shares of Orla Mining in a report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $27.00.

Orla Mining Company Profile

Orla Mining is a Canada-based mineral exploration and development company focused on advancing gold and silver projects in the Americas. Its flagship asset is the Cerro Quema oxide gold-silver project in Panama, where the company holds approximately 13,000 hectares of mineral concessions. Through feasibility studies and pilot plant testing, Orla has demonstrated the potential of heap leach processing at Cerro Quema, positioning the asset for transition into construction and production phases.

In addition to Cerro Quema, Orla Mining expanded its portfolio in early 2023 with the acquisition of the Gold Springs project located along the Utah–Nevada border in the United States.

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