American Century Companies Inc. Sells 465,842 Shares of Aris Mining Co. (NYSE:ARMN)

American Century Companies Inc. lowered its position in shares of Aris Mining Co. (NYSE:ARMN - Free Report) by 31.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 994,833 shares of the company's stock after selling 465,842 shares during the quarter. American Century Companies Inc. owned 0.58% of Aris Mining worth $3,488,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Ruffer LLP grew its position in shares of Aris Mining by 15.2% during the fourth quarter. Ruffer LLP now owns 5,687,273 shares of the company's stock worth $19,940,000 after purchasing an additional 751,473 shares in the last quarter. Stifel Financial Corp grew its holdings in Aris Mining by 60.4% during the 3rd quarter. Stifel Financial Corp now owns 540,544 shares of the company's stock valued at $2,486,000 after buying an additional 203,586 shares in the last quarter. Jane Street Group LLC raised its position in shares of Aris Mining by 55.3% during the third 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 during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Aris Mining in the third quarter worth $600,000. Finally, Alberta Investment Management Corp boosted its position in shares of Aris Mining by 12.8% during the fourth quarter. Alberta Investment Management Corp now owns 1,036,050 shares of the company's stock worth $3,631,000 after acquiring an additional 117,249 shares during the last quarter. 35.81% of the stock is currently owned by institutional investors.

Aris Mining Price Performance

ARMN traded up $0.20 during trading on Friday, hitting $5.34. 2,040,182 shares of the company traded hands, compared to its average volume of 526,793. The company has a current ratio of 1.45, a quick ratio of 1.13 and a debt-to-equity ratio of 0.32. The company has a market cap of $917.68 million, a PE ratio of -267.00 and a beta of -0.46. The stock's 50-day simple moving average is $4.27 and its two-hundred day simple moving average is $4.13. Aris Mining Co. has a 1 year low of $3.29 and a 1 year high of $5.49.

Aris Mining Company Profile

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.