National Bank of Canada FI Buys 285,222 Shares of Aris Mining Co. (NYSE:ARMN)

National Bank of Canada FI increased its position in Aris Mining Co. (NYSE:ARMN - Free Report) by 196.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 430,270 shares of the company's stock after purchasing an additional 285,222 shares during the period. National Bank of Canada FI owned approximately 0.25% of Aris Mining worth $1,507,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of ARMN. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of Aris Mining in the third quarter worth $129,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Aris Mining in the 3rd quarter worth approximately $600,000. Centiva Capital LP purchased a new position in Aris Mining during the third quarter valued at $84,000. Stifel Financial Corp boosted its holdings in Aris Mining by 60.4% in the 3rd 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 period. Finally, Jane Street Group LLC increased its stake 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 buying an additional 146,580 shares in the last quarter. 35.81% of the stock is currently owned by institutional investors.

Aris Mining Price Performance

Shares of Aris Mining stock traded up $0.06 during trading hours on Monday, hitting $5.40. The company's stock had a trading volume of 361,016 shares, compared to its average volume of 527,014. The business has a 50 day moving average price of $4.27 and a two-hundred day moving average price of $4.12. 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 12-month low of $3.29 and a 12-month high of $6.09. The company has a market cap of $927.30 million, a PE ratio of -269.80 and a beta of -0.46.

Aris Mining 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.