Aris Mining Co. (NYSE:ARMN - Get Free Report)'s stock price gapped up before the market opened on Monday . The stock had previously closed at $3.92, but opened at $4.08. Aris Mining shares last traded at $4.08, with a volume of 34,180 shares.
Aris Mining Stock Up 4.8 %
The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.52 and a current ratio of 1.45. The firm has a market capitalization of $699.97 million, a PE ratio of -205.50 and a beta of 0.35. The business's 50 day moving average price is $4.56 and its 200-day moving average price is $4.34.
Institutional Trading of Aris Mining
Large investors have recently made changes to their positions in the company. Acadian Asset Management LLC lifted its stake in Aris Mining by 127.9% during the first quarter. Acadian Asset Management LLC now owns 1,338,317 shares of the company's stock worth $4,790,000 after purchasing an additional 751,046 shares during the last quarter. Van ECK Associates Corp boosted its stake in Aris Mining by 144.7% in the third quarter. Van ECK Associates Corp now owns 15,932,334 shares of the company's stock valued at $74,780,000 after acquiring an additional 9,422,597 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of Aris Mining during the first quarter worth about $79,000. International Assets Investment Management LLC acquired a new stake in shares of Aris Mining during the third quarter worth about $740,000. Finally, American Century Companies Inc. lifted its holdings in shares of Aris Mining by 44.6% in the 2nd quarter. American Century Companies Inc. now owns 1,410,505 shares of the company's stock valued at $5,330,000 after purchasing an additional 435,277 shares during the last quarter. 35.81% of the stock is currently owned by hedge funds and other institutional investors.
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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