Jane Street Group LLC Sells 70,465 Shares of Orla Mining Ltd. (NYSEAMERICAN:ORLA)

Jane Street Group LLC decreased its holdings in Orla Mining Ltd. (NYSEAMERICAN:ORLA - Free Report) by 33.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 141,537 shares of the company's stock after selling 70,465 shares during the period. Jane Street Group LLC's holdings in Orla Mining were worth $783,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in ORLA. Mariner LLC acquired a new position in shares of Orla Mining in the fourth quarter worth $58,000. Scotia Capital Inc. purchased a new position in Orla Mining in the fourth quarter valued at about $67,000. Walleye Capital LLC increased its position in Orla Mining by 10.2% in the 4th quarter. Walleye Capital LLC now owns 19,128 shares of the company's stock worth $106,000 after purchasing an additional 1,764 shares during the last quarter. Aigen Investment Management LP purchased a new stake in shares of Orla Mining during the 4th quarter worth about $129,000. Finally, Russell Investments Group Ltd. purchased a new stake in shares of Orla Mining during the 4th quarter worth about $131,000. Institutional investors and hedge funds own 43.04% of the company's stock.

Orla Mining Price Performance

Shares of ORLA traded down $0.22 during trading hours on Tuesday, hitting $10.22. The stock had a trading volume of 922,843 shares, compared to its average volume of 707,488. The stock has a market capitalization of $3.29 billion, a price-to-earnings ratio of -1,020.98 and a beta of 0.71. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.54 and a quick ratio of 3.95. The company's fifty day moving average is $9.98 and its two-hundred day moving average is $6.84. Orla Mining Ltd. has a 52 week low of $3.24 and a 52 week high of $11.95.

Analyst Ratings Changes

Several equities analysts have weighed in on ORLA shares. TD Cowen assumed coverage on Orla Mining in a report on Tuesday, February 4th. They set a "hold" rating on the stock. Stifel Canada raised Orla Mining to a "strong-buy" rating in a report on Wednesday, March 19th. Finally, TD Securities upgraded Orla Mining to a "hold" rating in a report on Tuesday, February 4th. Two equities research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $6.00.

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.