Jane Street Group LLC cut its stake in shares of Aris Mining Co. (NYSE:ARMN - Free Report) by 59.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 165,917 shares of the company's stock after selling 245,636 shares during the quarter. Jane Street Group LLC owned about 0.10% of Aris Mining worth $581,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. TD Waterhouse Canada Inc. increased its holdings in Aris Mining by 210,416.7% in the 4th quarter. TD Waterhouse Canada Inc. now owns 25,262 shares of the company's stock worth $86,000 after buying an additional 25,250 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Aris Mining in the 4th quarter worth about $128,000. Sprott Inc. increased its holdings in Aris Mining by 98.4% in the 4th quarter. Sprott Inc. now owns 40,924 shares of the company's stock worth $143,000 after buying an additional 20,299 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in Aris Mining by 13.2% in 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. Finally, Geode Capital Management LLC boosted its position in Aris Mining by 4.1% in the fourth quarter. Geode Capital Management LLC now owns 80,860 shares of the company's stock worth $284,000 after purchasing an additional 3,176 shares during the last quarter. 35.81% of the stock is owned by hedge funds and other institutional investors.
Aris Mining Stock Performance
NYSE:ARMN traded up $0.08 on Friday, hitting $6.53. The stock had a trading volume of 676,722 shares, compared to its average volume of 628,844. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of -326.50 and a beta of -0.57. The company has a quick ratio of 1.13, a current ratio of 1.45 and a debt-to-equity ratio of 0.32. The business's 50-day simple moving average is $5.45 and its two-hundred day simple moving average is $4.43. Aris Mining Co. has a 52-week low of $3.29 and a 52-week high of $6.59.
About Aris Mining
(
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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