Tudor Investment Corp ET AL Increases Stake in Orla Mining Ltd. (NYSEAMERICAN:ORLA)

Tudor Investment Corp ET AL boosted its stake in shares of Orla Mining Ltd. (NYSEAMERICAN:ORLA - Free Report) by 141.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 447,224 shares of the company's stock after purchasing an additional 261,696 shares during the period. Tudor Investment Corp ET AL owned approximately 0.14% of Orla Mining worth $2,478,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Barclays PLC raised its stake in shares of Orla Mining by 86.5% in the third quarter. Barclays PLC now owns 47,177 shares of the company's stock worth $189,000 after purchasing an additional 21,877 shares during the last quarter. Geode Capital Management LLC increased its holdings in Orla Mining by 11.9% in the 3rd quarter. Geode Capital Management LLC now owns 114,628 shares of the company's stock worth $463,000 after buying an additional 12,159 shares during the period. JPMorgan Chase & Co. raised its position in Orla Mining by 262.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 284,408 shares of the company's stock worth $1,138,000 after buying an additional 205,911 shares during the last quarter. CWA Asset Management Group LLC lifted its stake in Orla Mining by 20.6% during the 4th quarter. CWA Asset Management Group LLC now owns 1,786,415 shares of the company's stock valued at $9,897,000 after acquiring an additional 304,748 shares during the period. Finally, Stratos Wealth Advisors LLC boosted its holdings in shares of Orla Mining by 39.4% in the 4th quarter. Stratos Wealth Advisors LLC now owns 50,185 shares of the company's stock valued at $278,000 after acquiring an additional 14,185 shares during the last quarter. Institutional investors and hedge funds own 43.04% of the company's stock.

Orla Mining Trading Up 0.2 %

Shares of Orla Mining stock opened at $10.39 on Friday. The company has a current ratio of 4.54, a quick ratio of 3.95 and a debt-to-equity ratio of 0.12. Orla Mining Ltd. has a twelve month low of $3.24 and a twelve month high of $11.95. The firm has a market capitalization of $3.35 billion, a PE ratio of -1,037.96 and a beta of 0.71. The firm's 50-day moving average price is $9.22 and its 200 day moving average price is $6.46.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. TD Securities upgraded shares of Orla Mining to a "hold" rating in a research report on Tuesday, February 4th. Stifel Canada raised Orla Mining to a "strong-buy" rating in a report on Wednesday, March 19th. Finally, TD Cowen started coverage on Orla Mining in a report on Tuesday, February 4th. They set a "hold" rating on the stock. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $6.13.

Orla Mining Company 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.

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