Orla Mining plunges as Fairfax trims stake

An aerial view of the Camino Rojo site. Credit: Orla Mining. Shares of Orla Mining (TSX: OLA) plunged on Friday after it was announced that Fairfax Financial Holdings (TSX: FFH, FFH.U) sold nearly half of its shares in the company at a below-market price.The Toronto-based investment firm sold a total of 25 million shares at a price of C$17.6435 per share for total proceeds of approximately C$441.1 million, Orla said in a press release.Prior to the sale, Fairfax held, through its insurance company subsidiari ...