36,470 Shares in Aris Mining Co. (NYSE:ARMN) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new stake in Aris Mining Co. (NYSE:ARMN) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 36,470 shares of the company’s stock, valued at approximately $128,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in ARMN. Centiva Capital LP bought a new stake in shares of Aris Mining during the third quarter worth approximately $84,000. Virtu Financial LLC grew its holdings in Aris Mining by 66.6% during the 3rd quarter. Virtu Financial LLC now owns 22,279 shares of the company’s stock worth $102,000 after acquiring an additional 8,909 shares during the period. XTX Topco Ltd bought a new stake in shares of Aris Mining during the 3rd quarter valued at $129,000. Sprott Inc. lifted its stake in shares of Aris Mining by 98.4% in the 4th 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. Finally, Barclays PLC boosted its position in shares of Aris Mining by 1,344.0% in the 3rd quarter. Barclays PLC now owns 34,656 shares of the company’s stock worth $160,000 after purchasing an additional 32,256 shares during the last quarter. 35.81% of the stock is owned by institutional investors and hedge funds.

Aris Mining Trading Up 3.9 %

NYSE ARMN opened at $5.34 on Friday. Aris Mining Co. has a 12 month low of $3.29 and a 12 month high of $5.49. The stock has a 50-day simple moving average of $4.27 and a 200 day simple moving average of $4.13. 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 market capitalization of $917.68 million, a PE ratio of -267.00 and a beta of -0.46.

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.