Centiva Capital LP Purchases New Shares in Aris Mining Co. (NYSE:ARMN)

Centiva Capital LP acquired a new position in shares of Aris Mining Co. (NYSE:ARMN) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 18,203 shares of the company’s stock, valued at approximately $84,000.

A number of other institutional investors also recently bought and sold shares of the business. PDT Partners LLC purchased a new position in shares of Aris Mining during the third quarter worth about $59,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Aris Mining during the 3rd quarter worth approximately $600,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Aris Mining during the 3rd quarter worth approximately $129,000. Quantbot Technologies LP purchased a new position in shares of Aris Mining in the 3rd quarter valued at approximately $200,000. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Aris Mining by 6.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,503,600 shares of the company’s stock valued at $11,587,000 after purchasing an additional 160,500 shares during the period. 35.81% of the stock is currently owned by institutional investors and hedge funds.

Aris Mining Price Performance

Shares of NYSE ARMN opened at $3.79 on Friday. The stock has a fifty day moving average price of $4.27 and a 200 day moving average price of $4.30. Aris Mining Co. has a 1-year low of $2.60 and a 1-year high of $5.16. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.45 and a quick ratio of 1.13. The company has a market cap of $648.13 million, a PE ratio of -189.50 and a beta of -0.20.

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.