Aris Mining Co. (NYSE:ARMN - Free Report) - Research analysts at Cormark lowered their FY2026 earnings per share estimates for Aris Mining in a note issued to investors on Thursday, April 10th. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $1.61 for the year, down from their prior estimate of $1.64. The consensus estimate for Aris Mining's current full-year earnings is $0.36 per share.
Aris Mining Stock Up 0.7 %
Shares of ARMN stock traded up $0.04 during trading on Friday, reaching $5.45. The company's stock had a trading volume of 1,058,802 shares, compared to its average volume of 537,622. The business has a fifty day moving average price of $4.33 and a 200-day moving average price of $4.13. The company has a quick ratio of 1.13, a current ratio of 1.45 and a debt-to-equity ratio of 0.32. Aris Mining has a one year low of $3.29 and a one year high of $5.75. The company has a market cap of $936.58 million, a price-to-earnings ratio of -272.50 and a beta of -0.46.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the stock. Mackenzie Financial Corp raised its position in Aris Mining by 4.2% during the fourth quarter. Mackenzie Financial Corp now owns 70,009 shares of the company's stock worth $245,000 after acquiring an additional 2,790 shares in the last quarter. Geode Capital Management LLC lifted its stake in Aris Mining by 4.1% in the 4th quarter. Geode Capital Management LLC now owns 80,860 shares of the company's stock valued at $284,000 after purchasing an additional 3,176 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Aris Mining by 13.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 60,000 shares of the company's stock worth $210,000 after purchasing an additional 7,000 shares during the period. Cetera Investment Advisers increased its position in Aris Mining by 10.7% during the fourth quarter. Cetera Investment Advisers now owns 83,508 shares of the company's stock worth $293,000 after buying an additional 8,102 shares during the last quarter. Finally, Virtu Financial LLC raised its stake in Aris Mining by 66.6% in the third quarter. Virtu Financial LLC now owns 22,279 shares of the company's stock valued at $102,000 after buying an additional 8,909 shares during the period. 35.81% of the stock is currently owned by institutional investors.
About Aris Mining
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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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