Jane Street Group LLC Raises Holdings in Aris Mining Co. (NYSE:ARMN)

Jane Street Group LLC boosted its position in shares of Aris Mining Co. (NYSE:ARMN) by 55.3% in the third quarter, Holdings Channel reports. The fund owned 411,553 shares of the company’s stock after purchasing an additional 146,580 shares during the quarter. Jane Street Group LLC’s holdings in Aris Mining were worth $1,908,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. PDT Partners LLC purchased a new position in Aris Mining during the third quarter valued at $59,000. Banque Cantonale Vaudoise purchased a new position in shares of Aris Mining in the 2nd quarter worth $51,000. International Assets Investment Management LLC bought a new stake in shares of Aris Mining in the 3rd quarter worth about $740,000. Centiva Capital LP purchased a new stake in shares of Aris Mining during the 3rd quarter valued at about $84,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of Aris Mining in the 3rd quarter valued at about $129,000. Institutional investors own 35.81% of the company’s stock.

Aris Mining Stock Up 1.1 %

NYSE ARMN opened at $3.53 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 1.45 and a debt-to-equity ratio of 0.32. Aris Mining Co. has a 52 week low of $2.60 and a 52 week high of $5.16. The firm has a market capitalization of $603.68 million, a price-to-earnings ratio of -176.50 and a beta of -0.20. The company has a fifty day moving average of $4.17 and a two-hundred day moving average of $4.27.

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.