Aris Mining Co. (NYSE:ARMN - Get Free Report) saw unusually-high trading volume on Monday . Approximately 119,898 shares were traded during mid-day trading, a decline of 18% from the previous session's volume of 146,050 shares.The stock last traded at $3.67 and had previously closed at $3.65.
Aris Mining Price Performance
The stock has a market cap of $619.07 million, a price-to-earnings ratio of -181.00 and a beta of -0.20. The stock has a fifty day moving average of $3.96 and a two-hundred day moving average of $4.24. The company has a quick ratio of 1.13, a current ratio of 1.45 and a debt-to-equity ratio of 0.32.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. Virtu Financial LLC increased its position in Aris Mining by 66.6% during the third quarter. Virtu Financial LLC now owns 22,279 shares of the company's stock worth $102,000 after buying an additional 8,909 shares in the last quarter. Barclays PLC lifted its holdings in Aris Mining by 1,344.0% in the 3rd quarter. Barclays PLC now owns 34,656 shares of the company's stock valued at $160,000 after purchasing an additional 32,256 shares in the last quarter. Geode Capital Management LLC purchased a new stake in shares of Aris Mining during the third quarter worth about $360,000. XTX Topco Ltd purchased a new position in shares of Aris Mining during the third quarter valued at approximately $129,000. Finally, National Bank of Canada FI grew its stake in Aris Mining by 180.6% in the 3rd quarter. National Bank of Canada FI now owns 145,048 shares of the company's stock worth $667,000 after acquiring an additional 93,357 shares during the period. Hedge funds and other institutional investors own 35.81% of the company's stock.
Aris Mining Company Profile
(
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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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