LPL Financial LLC lifted its position in shares of Aris Mining Co. (NYSE:ARMN - Free Report) by 27.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 544,596 shares of the company's stock after buying an additional 117,550 shares during the quarter. LPL Financial LLC owned about 0.32% of Aris Mining worth $1,906,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Virtu Financial LLC raised its holdings in Aris Mining by 66.6% in the 3rd quarter. Virtu Financial LLC now owns 22,279 shares of the company's stock valued at $102,000 after acquiring an additional 8,909 shares in the last quarter. XTX Topco Ltd acquired a new position in Aris Mining in the third quarter valued at about $129,000. Barclays PLC raised its stake in Aris Mining by 1,344.0% in the third quarter. Barclays PLC now owns 34,656 shares of the company's stock valued at $160,000 after purchasing an additional 32,256 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Aris Mining during the fourth quarter worth about $128,000. Finally, Sprott Inc. grew its stake in Aris Mining by 98.4% during the fourth 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. Institutional investors own 35.81% of the company's stock.
Aris Mining Price Performance
Shares of Aris Mining stock traded down $0.08 on Friday, reaching $5.44. 1,044,594 shares of the stock were exchanged, compared to its average volume of 545,799. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.13 and a current ratio of 1.45. The firm has a market cap of $934.86 million, a PE ratio of -272.00 and a beta of -0.46. The firm's 50 day moving average is $4.42 and its 200-day moving average is $4.15. Aris Mining Co. has a one year low of $3.29 and a one year high of $5.65.
Aris Mining Profile
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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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