Orla Mining Ltd. (NYSEAMERICAN:ORLA) Shares Sold by Toronto Dominion Bank

Toronto Dominion Bank reduced its stake in shares of Orla Mining Ltd. (NYSEAMERICAN:ORLA) by 37.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 17,165 shares of the company’s stock after selling 10,398 shares during the quarter. Toronto Dominion Bank’s holdings in Orla Mining were worth $69,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new stake in Orla Mining in the third quarter valued at approximately $43,000. Kitching Partners LLC purchased a new position in shares of Orla Mining during the third quarter worth approximately $48,000. Walleye Capital LLC acquired a new position in shares of Orla Mining in the 3rd quarter valued at $69,000. DF Dent & Co. Inc. purchased a new stake in Orla Mining in the 3rd quarter valued at $80,000. Finally, Renaissance Technologies LLC acquired a new stake in Orla Mining during the 2nd quarter worth $102,000. 43.04% of the stock is owned by hedge funds and other institutional investors.

Orla Mining Price Performance

NYSEAMERICAN:ORLA opened at $5.43 on Tuesday. Orla Mining Ltd. has a 12-month low of $2.94 and a 12-month high of $5.80. The company has a current ratio of 4.54, a quick ratio of 3.95 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $1.74 billion, a PE ratio of -542.46 and a beta of 0.75.

Wall Street Analysts Forecast Growth

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

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.