Public Employees Retirement System of Ohio Acquires Shares of 66,776 Aris Mining Co. (NYSE:ARMN)

Public Employees Retirement System of Ohio bought a new stake in Aris Mining Co. (NYSE:ARMN - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 66,776 shares of the company's stock, valued at approximately $234,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in ARMN. Orion Resource Partners LP bought a new stake in shares of Aris Mining during the fourth quarter worth approximately $86,000. TD Waterhouse Canada Inc. grew its holdings in Aris Mining by 210,416.7% during the 4th quarter. TD Waterhouse Canada Inc. now owns 25,262 shares of the company's stock worth $86,000 after acquiring an additional 25,250 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Aris Mining during the 4th quarter valued at $128,000. Sprott Inc. raised its position in shares of Aris Mining by 98.4% during the 4th quarter. Sprott Inc. now owns 40,924 shares of the company's stock valued at $143,000 after acquiring an additional 20,299 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Aris Mining by 13.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 60,000 shares of the company's stock valued at $210,000 after purchasing an additional 7,000 shares during the period. 35.81% of the stock is owned by institutional investors and hedge funds.

Aris Mining Stock Down 1.6%

NYSE:ARMN opened at $6.77 on Friday. 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 Co. has a 12-month low of $3.29 and a 12-month high of $7.01. The stock's fifty day simple moving average is $5.63 and its 200-day simple moving average is $4.50. The firm has a market capitalization of $1.16 billion, a P/E ratio of -338.50 and a beta of -0.31.

Aris Mining Company Profile

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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