Russell Investments Group Ltd. increased its stake in Aris Mining Co. (NYSE:ARMN - Free Report) by 4.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,412,442 shares of the company's stock after buying an additional 55,917 shares during the quarter. Russell Investments Group Ltd. owned about 0.83% of Aris Mining worth $4,950,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Virtu Financial LLC lifted its position in shares of Aris Mining by 66.6% during the third quarter. Virtu Financial LLC now owns 22,279 shares of the company's stock worth $102,000 after purchasing an additional 8,909 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Aris Mining in the 4th quarter valued at about $128,000. XTX Topco Ltd acquired a new stake in shares of Aris Mining during the third quarter valued at about $129,000. Sprott Inc. increased its position in shares of 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 acquiring an additional 20,299 shares during the last quarter. Finally, Barclays PLC lifted its stake in shares of Aris Mining by 1,344.0% in the third quarter. Barclays PLC now owns 34,656 shares of the company's stock worth $160,000 after acquiring an additional 32,256 shares in the last quarter. 35.81% of the stock is owned by institutional investors and hedge funds.
Aris Mining Stock Down 1.4 %
NYSE ARMN traded down $0.08 during mid-day trading on Friday, reaching $5.44. 1,044,594 shares of the company's stock traded hands, compared to its average volume of 545,743. The company has a market cap of $934.86 million, a price-to-earnings ratio of -272.00 and a beta of -0.46. The company has a current ratio of 1.45, a quick ratio of 1.13 and a debt-to-equity ratio of 0.32. The company has a fifty day simple moving average of $4.42 and a 200-day simple moving average of $4.15. Aris Mining Co. has a 1-year low of $3.29 and a 1-year high of $5.65.
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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