American Century Companies Inc. Buys 17,100 Shares of Orla Mining Ltd. (NYSEAMERICAN:ORLA)

American Century Companies Inc. increased its position in Orla Mining Ltd. (NYSEAMERICAN:ORLA) by 4.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 412,400 shares of the company’s stock after purchasing an additional 17,100 shares during the quarter. American Century Companies Inc. owned approximately 0.13% of Orla Mining worth $1,583,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. CIBC Asset Management Inc increased its position in Orla Mining by 7.9% in the second quarter. CIBC Asset Management Inc now owns 293,268 shares of the company’s stock worth $1,125,000 after purchasing an additional 21,576 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Orla Mining by 92.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 56,883 shares of the company’s stock valued at $218,000 after acquiring an additional 27,315 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of Orla Mining during the 2nd quarter worth approximately $1,151,000. U S Global Investors Inc. raised its stake in shares of Orla Mining by 20.7% during the 2nd quarter. U S Global Investors Inc. now owns 301,660 shares of the company’s stock worth $1,282,000 after buying an additional 51,660 shares during the period. Finally, Edmond DE Rothschild Holding S.A. acquired a new position in shares of Orla Mining during the first quarter valued at approximately $893,000. 43.04% of the stock is owned by institutional investors.

Orla Mining Trading Down 4.8 %

Shares of Orla Mining stock opened at $3.97 on Monday. Orla Mining Ltd. has a fifty-two week low of $2.60 and a fifty-two week high of $4.50. The company has a quick ratio of 5.02, a current ratio of 5.89 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $1.27 billion, a P/E ratio of -49.62 and a beta of 0.84.

Orla Mining (NYSEAMERICAN:ORLA) last released its quarterly earnings data on Monday, August 12th. The company reported $0.07 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.07. Orla Mining had a negative net margin of 4.12% and a positive return on equity of 14.36%. The company had revenue of $84.57 million during the quarter. Research analysts predict that Orla Mining Ltd. will post 0.23 earnings per share for the current year.

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.