Artisan Partners Limited Partnership Buys 344,179 Shares of Aris Mining Co. (NYSE:ARMN)

Artisan Partners Limited Partnership increased its stake in shares of Aris Mining Co. (NYSE:ARMN - Free Report) by 72.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 821,679 shares of the company's stock after purchasing an additional 344,179 shares during the quarter. Artisan Partners Limited Partnership owned approximately 0.48% of Aris Mining worth $2,876,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ARMN. Jane Street Group LLC increased its position in Aris Mining by 55.3% in 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 last quarter. Stifel Financial Corp increased its holdings in Aris Mining by 60.4% in the third quarter. Stifel Financial Corp now owns 540,544 shares of the company's stock worth $2,486,000 after buying an additional 203,586 shares during the last quarter. Geode Capital Management LLC bought a new position in Aris Mining during the third quarter valued at approximately $360,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Aris Mining in the third quarter valued at approximately $600,000. Finally, Sprott Inc. lifted its stake in Aris Mining by 98.4% in the fourth quarter. Sprott Inc. now owns 40,924 shares of the company's stock valued at $143,000 after acquiring an additional 20,299 shares during the last quarter. 35.81% of the stock is owned by hedge funds and other institutional investors.

Aris Mining Stock Up 0.8 %

Shares of Aris Mining stock traded up $0.04 during midday trading on Thursday, reaching $5.03. 553,584 shares of the company's stock traded hands, compared to its average volume of 559,243. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.13 and a current ratio of 1.45. Aris Mining Co. has a 52 week low of $3.29 and a 52 week high of $5.16. The company's 50 day simple moving average is $4.09 and its 200 day simple moving average is $4.13. The company has a market cap of $864.41 million, a price-to-earnings ratio of -251.50 and a beta of 0.23.

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Aris Mining Company Profile

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.