American Century Companies Inc. Has $4.11 Million Stock Holdings in Orla Mining Ltd. $ORLA

American Century Companies Inc. raised its stake in Orla Mining Ltd. (NYSEAMERICAN:ORLA) by 1.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 440,059 shares of the company’s stock after acquiring an additional 8,399 shares during the period. American Century Companies Inc. owned approximately 0.14% of Orla Mining worth $4,110,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ORLA. Mariner LLC acquired a new position in Orla Mining in the 4th quarter valued at $58,000. Two Sigma Advisers LP acquired a new position in Orla Mining in the 4th quarter valued at $84,000. Banque Cantonale Vaudoise acquired a new position in Orla Mining in the 1st quarter valued at $86,000. 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 worth $107,000 after buying an additional 2,048 shares in the last quarter. Finally, Deutsche Bank AG raised its holdings in shares of Orla Mining by 201.5% during the 4th quarter. Deutsche Bank AG now owns 25,446 shares of the company’s stock worth $141,000 after buying an additional 17,005 shares in the last quarter. 43.04% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, CIBC reissued an “outperform” rating on shares of Orla Mining in a report on Tuesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $14.50.

Orla Mining Price Performance

Orla Mining stock opened at $11.06 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.66 and a current ratio of 0.85. Orla Mining Ltd. has a 52 week low of $3.81 and a 52 week high of $12.83. The stock has a market capitalization of $3.60 billion, a P/E ratio of 221.24 and a beta of 0.34. The stock has a fifty day moving average of $10.41 and a 200-day moving average of $9.62.

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.