Montrusco Bolton Investments Inc. Sells 711,947 Shares of Orla Mining Ltd. $ORLA

Posted by George Bondi on Jul 5th, 2026

Montrusco Bolton Investments Inc. cut its position in shares of Orla Mining Ltd. (NYSEAMERICAN:ORLA – Free Report) by 66.4% in the first quarter, Holdings Channel reports. The institutional investor owned 359,590 shares of the company’s stock after selling 711,947 shares during the period. Montrusco Bolton Investments Inc.’s holdings in Orla Mining were worth $5,764,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Van ECK Associates Corp lifted its position in Orla Mining by 279.9% during the 4th quarter. Van ECK Associates Corp now owns 19,391,604 shares of the company’s stock worth $261,201,000 after buying an additional 14,287,477 shares in the last quarter. Millennium Management LLC raised its position in Orla Mining by 992.0% during the third quarter. Millennium Management LLC now owns 9,066,678 shares of the company’s stock worth $97,814,000 after acquiring an additional 8,236,385 shares in the last quarter. Vanguard Group Inc. raised its position in Orla Mining by 152.1% during the fourth quarter. Vanguard Group Inc. now owns 8,202,861 shares of the company’s stock worth $110,320,000 after acquiring an additional 4,948,805 shares in the last quarter. Franklin Resources Inc. raised its position in Orla Mining by 1.0% during the fourth quarter. Franklin Resources Inc. now owns 7,686,849 shares of the company’s stock worth $103,386,000 after acquiring an additional 74,925 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in Orla Mining by 41.1% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 7,251,539 shares of the company’s stock valued at $78,194,000 after acquiring an additional 2,111,765 shares during the last quarter. 43.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ORLA has been the topic of several recent analyst reports. Zacks Research lowered shares of Orla Mining from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. TD Securities upgraded Orla Mining from a “hold” rating to a “buy” rating in a research note on Wednesday, May 20th. Finally, TD Cowen raised shares of Orla Mining from a “hold” rating to a “buy” rating in a research report on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $27.00.

Read Our Latest Stock Report on Orla Mining

Orla Mining Stock Performance

NYSEAMERICAN ORLA opened at $10.18 on Friday. The firm has a 50-day moving average price of $11.98 and a two-hundred day moving average price of $14.75. Orla Mining Ltd. has a 12-month low of $9.16 and a 12-month high of $21.98. The company has a market capitalization of $3.52 billion, a P/E ratio of 14.97 and a beta of 0.28. The company has a quick ratio of 0.88, a current ratio of 1.06 and a debt-to-equity ratio of 0.39.

Orla Mining Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were given a $0.015 dividend. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, May 26th. Orla Mining’s payout ratio is presently -599.40%.

About Orla Mining

(Free Report)

Orla Mining is a Canada-based mineral exploration and development company focused on advancing gold and silver projects in the Americas. Its flagship asset is the Cerro Quema oxide gold-silver project in Panama, where the company holds approximately 13,000 hectares of mineral concessions. Through feasibility studies and pilot plant testing, Orla has demonstrated the potential of heap leach processing at Cerro Quema, positioning the asset for transition into construction and production phases.

In addition to Cerro Quema, Orla Mining expanded its portfolio in early 2023 with the acquisition of the Gold Springs project located along the Utah–Nevada border in the United States.