Aris Mining Co. (NYSE:ARMN - Get Free Report)'s share price reached a new 52-week high on Friday . The company traded as high as $5.17 and last traded at $5.14, with a volume of 2024141 shares changing hands. The stock had previously closed at $4.88.
Aris Mining Stock Performance
The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.13 and a current ratio of 1.45. The company has a market cap of $943.46 million, a P/E ratio of -274.50 and a beta of -0.46. The business has a 50 day moving average price of $4.33 and a two-hundred day moving average price of $4.13.
Hedge Funds Weigh In On Aris Mining
Institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC grew its stake in shares of Aris Mining by 55.3% during the 3rd quarter. Jane Street Group LLC now owns 411,553 shares of the company's stock worth $1,908,000 after purchasing an additional 146,580 shares during the period. Stifel Financial Corp boosted its position in Aris Mining by 60.4% during the third quarter. Stifel Financial Corp now owns 540,544 shares of the company's stock valued at $2,486,000 after purchasing an additional 203,586 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Aris Mining in the third quarter valued at about $600,000. Geode Capital Management LLC bought a new stake in Aris Mining during the third quarter worth about $360,000. Finally, Sprott Inc. raised its stake in shares of Aris Mining by 98.4% during the fourth quarter. Sprott Inc. now owns 40,924 shares of the company's stock worth $143,000 after buying an additional 20,299 shares during the last quarter. 35.81% of the stock is currently owned by institutional investors and hedge funds.
About Aris Mining
(
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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.
Further Reading
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