683 Capital Management LLC Lowers Stock Position in Aris Mining Co. (NYSE:ARMN)

683 Capital Management LLC trimmed its stake in Aris Mining Co. (NYSE:ARMN - Free Report) by 2.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,798,900 shares of the company's stock after selling 51,100 shares during the period. 683 Capital Management LLC owned approximately 1.05% of Aris Mining worth $6,306,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of ARMN. Invesco Ltd. lifted its position in Aris Mining by 51.8% in the fourth quarter. Invesco Ltd. now owns 6,581,952 shares of the company's stock worth $23,037,000 after buying an additional 2,245,775 shares during the last quarter. Ruffer LLP boosted its stake in shares of Aris Mining by 15.2% during the fourth quarter. Ruffer LLP now owns 5,687,273 shares of the company's stock valued at $19,940,000 after purchasing an additional 751,473 shares during the period. Artisan Partners Limited Partnership grew its holdings in shares of Aris Mining by 72.1% in the fourth quarter. Artisan Partners Limited Partnership now owns 821,679 shares of the company's stock worth $2,876,000 after purchasing an additional 344,179 shares during the last quarter. National Bank of Canada FI increased its stake in Aris Mining by 196.6% in the 4th quarter. National Bank of Canada FI now owns 430,270 shares of the company's stock worth $1,507,000 after buying an additional 285,222 shares during the period. Finally, LPL Financial LLC lifted its holdings in Aris Mining by 27.5% during the 4th quarter. LPL Financial LLC now owns 544,596 shares of the company's stock valued at $1,906,000 after buying an additional 117,550 shares in the last quarter. Hedge funds and other institutional investors own 35.81% of the company's stock.

Aris Mining Trading Down 0.6 %

ARMN stock traded down $0.04 during mid-day trading on Wednesday, reaching $5.90. The company had a trading volume of 653,250 shares, compared to its average volume of 575,523. The company has a market capitalization of $1.01 billion, a PE ratio of -294.75 and a beta of -0.57. The firm has a 50 day moving average of $4.78 and a 200 day moving average of $4.23. Aris Mining Co. has a 12 month low of $3.29 and a 12 month high of $5.95. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.45 and a quick ratio of 1.13.

About Aris Mining

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.