Alberta Investment Management Corp lifted its position in Aris Mining Co. (NYSE:ARMN - Free Report) by 12.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,036,050 shares of the company's stock after buying an additional 117,249 shares during the quarter. Alberta Investment Management Corp owned about 0.61% of Aris Mining worth $3,631,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently made changes to their positions in ARMN. Van ECK Associates Corp increased its position in shares of Aris Mining by 144.7% during the third quarter. Van ECK Associates Corp now owns 15,932,334 shares of the company's stock valued at $74,780,000 after purchasing an additional 9,422,597 shares during the period. Stifel Financial Corp boosted its stake in Aris Mining by 60.4% during the third quarter. Stifel Financial Corp now owns 540,544 shares of the company's stock worth $2,486,000 after buying an additional 203,586 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Aris Mining by 6.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,503,600 shares of the company's stock valued at $11,587,000 after buying an additional 160,500 shares during the period. Jane Street Group LLC raised its stake in shares of Aris Mining by 55.3% in the 3rd quarter. Jane Street Group LLC now owns 411,553 shares of the company's stock valued at $1,908,000 after buying an additional 146,580 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Aris Mining during the 3rd quarter worth about $600,000. 35.81% of the stock is owned by institutional investors and hedge funds.
Aris Mining Price Performance
Shares of Aris Mining stock traded down $0.18 during trading on Friday, hitting $3.81. 323,945 shares of the company's stock traded hands, compared to its average volume of 409,784. Aris Mining Co. has a twelve month low of $2.75 and a twelve month high of $5.16. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.45 and a quick ratio of 1.13. The company has a market cap of $651.56 million, a PE ratio of -190.50 and a beta of 0.16. The firm's fifty day moving average price is $3.73 and its 200 day moving average price is $4.16.
About Aris Mining
(
Free Report)
Aris Mining Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of gold properties in Canada, Colombia, and Guyana. It also explores for silver and copper deposits. The company was formerly known as GCM Mining Corp. and changed its name to Aris Mining Corporation in September 2022.
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