Barclays PLC raised its position in Aris Mining Co. (NYSE:ARMN – Free Report) by 1,344.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,656 shares of the company’s stock after purchasing an additional 32,256 shares during the quarter. Barclays PLC’s holdings in Aris Mining were worth $160,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in the company. XTX Topco Ltd purchased a new position in shares of Aris Mining in the third quarter valued at approximately $129,000. National Bank of Canada FI lifted its holdings in Aris Mining by 180.6% during the 3rd 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 in the last quarter. Jane Street Group LLC lifted its holdings in Aris Mining by 55.3% during the 3rd 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. Stifel Financial Corp boosted its position in Aris Mining by 60.4% in the 3rd 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. Finally, Centiva Capital LP acquired a new position in shares of Aris Mining in the third quarter worth $84,000. 35.81% of the stock is currently owned by institutional investors and hedge funds.
Aris Mining Stock Up 1.1 %
Shares of NYSE ARMN opened at $3.66 on Wednesday. The stock has a market cap of $625.91 million, a P/E ratio of -183.00 and a beta of 0.15. The business’s fifty day simple moving average is $3.92 and its 200-day simple moving average is $4.23. Aris Mining Co. has a 12-month low of $2.60 and a 12-month high of $5.16. The company has a current ratio of 1.45, a quick ratio of 1.13 and a debt-to-equity ratio of 0.32.
Aris Mining 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.
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