Stifel Financial Corp raised its stake in shares of Aris Mining Co. (NYSE:ARMN - Free Report) by 60.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 540,544 shares of the company's stock after buying an additional 203,586 shares during the quarter. Stifel Financial Corp owned about 0.32% of Aris Mining worth $2,486,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently modified their holdings of the company. Centiva Capital LP bought a new stake in shares of Aris Mining in the third quarter worth about $84,000. PDT Partners LLC bought a new stake in Aris Mining during the 3rd quarter worth approximately $59,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Aris Mining during the 3rd quarter worth approximately $600,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Aris Mining in the third quarter valued at approximately $129,000. Finally, Quantbot Technologies LP acquired a new position in shares of Aris Mining in the third quarter valued at approximately $200,000. 35.81% of the stock is owned by institutional investors.
Aris Mining Stock Down 6.8 %
NYSE:ARMN traded down $0.24 during trading hours on Thursday, reaching $3.31. 1,100,933 shares of the stock were exchanged, compared to its average volume of 383,828. The stock has a market cap of $566.06 million, a PE ratio of -165.50 and a beta of -0.20. Aris Mining Co. has a twelve month low of $2.60 and a twelve month high of $5.16. The firm has a 50 day moving average of $4.23 and a 200 day moving average of $4.29. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.45 and a quick ratio of 1.13.
Aris Mining Profile
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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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