Aris Mining Co. (NYSE:ARMN - Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 209,792 shares changed hands during mid-day trading, a decline of 45% from the previous session's volume of 379,388 shares.The stock last traded at $3.39 and had previously closed at $3.55.
Aris Mining Stock Performance
The stock has a market cap of $566.06 million, a PE ratio of -165.50 and a beta of -0.20. The firm's 50-day moving average is $4.23 and its 200 day moving average is $4.29. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.13 and a current ratio of 1.45.
Institutional Investors Weigh In On Aris Mining
Hedge funds have recently made changes to their positions in the business. Virtu Financial LLC increased its position in Aris Mining by 66.6% in the 3rd quarter. Virtu Financial LLC now owns 22,279 shares of the company's stock valued at $102,000 after acquiring an additional 8,909 shares during the period. PDT Partners LLC purchased a new position in shares of Aris Mining in the 3rd quarter valued at approximately $59,000. Banque Cantonale Vaudoise acquired a new position in shares of Aris Mining in the second quarter valued at approximately $51,000. International Assets Investment Management LLC purchased a new stake in shares of Aris Mining during the third quarter worth approximately $740,000. Finally, Centiva Capital LP acquired a new stake in shares of Aris Mining during the third quarter worth $84,000. Institutional investors and hedge funds own 35.81% of the company's stock.
About Aris Mining
(
Get 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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