American Century Companies Inc. Reduces Stock Position in Aris Mining Co. (NYSE:ARMN)

American Century Companies Inc. trimmed its position in shares of Aris Mining Co. (NYSE:ARMN) by 31.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 994,833 shares of the company’s stock after selling 465,842 shares during the quarter. American Century Companies Inc.’s holdings in Aris Mining were worth $3,488,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ARMN. Ruffer LLP increased its position in Aris Mining by 15.2% during the 4th quarter. Ruffer LLP now owns 5,687,273 shares of the company’s stock valued at $19,940,000 after purchasing an additional 751,473 shares during the period. Alberta Investment Management Corp boosted its stake in shares of Aris Mining by 12.8% during the fourth quarter. Alberta Investment Management Corp now owns 1,036,050 shares of the company’s stock valued at $3,631,000 after purchasing an additional 117,249 shares in the last quarter. Stifel Financial Corp increased its holdings in Aris Mining by 60.4% during the third quarter. Stifel Financial Corp now owns 540,544 shares of the company’s stock valued at $2,486,000 after buying an additional 203,586 shares during the period. Jane Street Group LLC raised its stake in Aris Mining by 55.3% in the third quarter. Jane Street Group LLC now owns 411,553 shares of the company’s stock worth $1,908,000 after buying an additional 146,580 shares in the last quarter. Finally, National Bank of Canada FI lifted its holdings in Aris Mining by 180.6% during the third quarter. National Bank of Canada FI now owns 145,048 shares of the company’s stock worth $667,000 after buying an additional 93,357 shares during the period. 35.81% of the stock is owned by hedge funds and other institutional investors.

Aris Mining Trading Down 11.1 %

Shares of NYSE ARMN opened at $4.42 on Monday. Aris Mining Co. has a 1-year low of $3.29 and a 1-year high of $5.16. The business has a fifty day moving average price of $4.13 and a 200 day moving average price of $4.12. The stock has a market capitalization of $759.58 million, a P/E ratio of -221.00 and a beta of -0.46. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.45 and a quick ratio of 1.13.

About Aris Mining

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.