CWA Asset Management Group LLC Increases Stock Position in Orla Mining Ltd. (NYSEAMERICAN:ORLA)

CWA Asset Management Group LLC boosted its holdings in Orla Mining Ltd. (NYSEAMERICAN:ORLA) by 20.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,786,415 shares of the company’s stock after buying an additional 304,748 shares during the period. CWA Asset Management Group LLC owned approximately 0.56% of Orla Mining worth $9,897,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in ORLA. Goehring & Rozencwajg Associates LLC increased its holdings in shares of Orla Mining by 16.3% in the 2nd quarter. Goehring & Rozencwajg Associates LLC now owns 1,295,214 shares of the company’s stock valued at $4,969,000 after acquiring an additional 181,900 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in Orla Mining by 50.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 450,000 shares of the company’s stock valued at $1,812,000 after purchasing an additional 150,000 shares in the last quarter. National Bank of Canada FI grew its holdings in Orla Mining by 21.4% in the 3rd quarter. National Bank of Canada FI now owns 421,108 shares of the company’s stock valued at $1,687,000 after buying an additional 74,293 shares in the last quarter. American Century Companies Inc. increased its stake in Orla Mining by 4.3% during the second quarter. American Century Companies Inc. now owns 412,400 shares of the company’s stock worth $1,583,000 after acquiring an additional 17,100 shares during the last quarter. Finally, D.A. Davidson & CO. acquired a new stake in shares of Orla Mining during the third quarter worth about $1,539,000. Institutional investors own 43.04% of the company’s stock.

Orla Mining Trading Down 1.3 %

Shares of NYSEAMERICAN:ORLA traded down $0.08 during midday trading on Monday, reaching $5.90. The company had a trading volume of 248,435 shares, compared to its average volume of 599,724. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of -589.41 and a beta of 0.75. The company has a quick ratio of 3.95, a current ratio of 4.54 and a debt-to-equity ratio of 0.12. Orla Mining Ltd. has a 1-year low of $3.02 and a 1-year high of $6.05.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Scotiabank upgraded shares of Orla Mining from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 27th. Desjardins raised shares of Orla Mining to a “moderate buy” rating in a research report on Thursday, October 31st.

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.