Quattro Financial Advisors LLC Purchases 33,500 Shares of Orla Mining Ltd. (NYSEAMERICAN:ORLA)

Quattro Financial Advisors LLC increased its holdings in shares of Orla Mining Ltd. (NYSEAMERICAN:ORLA - Free Report) by 28.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 152,115 shares of the company's stock after buying an additional 33,500 shares during the quarter. Quattro Financial Advisors LLC's holdings in Orla Mining were worth $1,422,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Mariner LLC purchased a new stake in shares of Orla Mining during the 4th quarter valued at about $58,000. Scotia Capital Inc. purchased a new stake in shares of Orla Mining during the 4th quarter valued at about $67,000. Two Sigma Advisers LP purchased a new stake in shares of Orla Mining during the 4th quarter valued at about $84,000. Walleye Capital LLC raised its holdings in shares of Orla Mining by 10.2% during the 4th quarter. Walleye Capital LLC now owns 19,128 shares of the company's stock valued at $106,000 after buying an additional 1,764 shares during the period. Finally, Gotham Asset Management LLC raised its holdings in shares of Orla Mining by 11.8% during the 4th quarter. Gotham Asset Management LLC now owns 19,393 shares of the company's stock valued at $107,000 after buying an additional 2,048 shares during the period. 43.04% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Stifel Canada raised Orla Mining to a "strong-buy" rating in a research note on Wednesday, March 19th. Two analysts have rated the stock with a hold rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $6.00.

Orla Mining Stock Down 4.0%

Shares of NYSEAMERICAN:ORLA traded down $0.43 during midday trading on Tuesday, reaching $10.21. The company had a trading volume of 1,494,499 shares, compared to its average volume of 1,325,035. The company has a quick ratio of 0.62, a current ratio of 0.81 and a debt-to-equity ratio of 0.92. The business's 50 day moving average price is $10.46 and its 200 day moving average price is $8.00. The stock has a market cap of $3.32 billion, a PE ratio of -1,021.00 and a beta of 0.35. Orla Mining Ltd. has a 1-year low of $3.24 and a 1-year high of $12.43.

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.