Aris Mining Co. (NYSE:ARMN - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $6.40 and last traded at $6.33, with a volume of 1311627 shares trading hands. The stock had previously closed at $6.14.
Aris Mining Stock Performance
The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of -324.00 and a beta of -0.57. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.45 and a quick ratio of 1.13. The stock has a 50 day simple moving average of $5.38 and a two-hundred day simple moving average of $4.39.
Institutional Trading of Aris Mining
Large investors have recently made changes to their positions in the company. Alberta Investment Management Corp increased its stake in Aris Mining by 12.8% in the 4th quarter. Alberta Investment Management Corp now owns 1,036,050 shares of the company's stock valued at $3,631,000 after buying an additional 117,249 shares during the period. Sprott Inc. lifted its position 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 purchasing an additional 20,299 shares during the period. Raymond James Financial Inc. acquired a new position in Aris Mining during the 4th quarter worth approximately $128,000. Ruffer LLP increased its position in Aris Mining by 15.2% during the 4th quarter. Ruffer LLP now owns 5,687,273 shares of the company's stock worth $19,940,000 after purchasing an additional 751,473 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in shares of Aris Mining by 13.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 60,000 shares of the company's stock worth $210,000 after buying an additional 7,000 shares in the last quarter. 35.81% of the stock is owned by institutional investors and hedge funds.
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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