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Aris Mining (NYSE:ARMN) Shares Gap Up - Here's What Happened

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Aris Mining Co. (NYSE:ARMN - Get Free Report)'s stock price gapped up before the market opened on Thursday . The stock had previously closed at $4.06, but opened at $4.19. Aris Mining shares last traded at $4.34, with a volume of 189,917 shares changing hands.

Aris Mining Price Performance

The firm has a market cap of $783.64 million, a P/E ratio of -228.00 and a beta of 0.23. The company has a fifty day moving average of $3.87 and a 200-day moving average of $4.11. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.45 and a quick ratio of 1.13.

Institutional Trading of Aris Mining

Institutional investors have recently made changes to their positions in the company. PDT Partners LLC purchased a new position in shares of Aris Mining in the 3rd quarter worth about $59,000. Centiva Capital LP purchased a new position in Aris Mining in the third quarter valued at about $84,000. TD Waterhouse Canada Inc. grew its position in shares of Aris Mining by 210,416.7% during the 4th quarter. TD Waterhouse Canada Inc. now owns 25,262 shares of the company's stock valued at $86,000 after acquiring an additional 25,250 shares during the period. Orion Resource Partners LP purchased a new stake in shares of Aris Mining during the 4th quarter worth approximately $86,000. Finally, Virtu Financial LLC raised its holdings in shares of Aris Mining by 66.6% in the 3rd quarter. Virtu Financial LLC now owns 22,279 shares of the company's stock worth $102,000 after purchasing an additional 8,909 shares during the period. Institutional investors own 35.81% of the company's stock.

Aris Mining Company Profile

(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.

Further Reading

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