National Bank of Canada FI Has $1.51 Million Position in Aris Mining Co. (NYSE:ARMN)

National Bank of Canada FI lifted its position in Aris Mining Co. (NYSE:ARMN) by 196.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 430,270 shares of the company’s stock after acquiring an additional 285,222 shares during the period. National Bank of Canada FI’s holdings in Aris Mining were worth $1,507,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ruffer LLP increased its stake in Aris Mining by 15.2% in the fourth 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 in the last quarter. Alberta Investment Management Corp grew its holdings in shares of Aris Mining by 12.8% in the 4th quarter. Alberta Investment Management Corp now owns 1,036,050 shares of the company’s stock valued at $3,631,000 after buying an additional 117,249 shares during the period. Artisan Partners Limited Partnership increased its position in shares of Aris Mining by 72.1% in the 4th quarter. Artisan Partners Limited Partnership now owns 821,679 shares of the company’s stock valued at $2,876,000 after buying an additional 344,179 shares in the last quarter. LPL Financial LLC raised its stake in Aris Mining by 27.5% during the 4th quarter. LPL Financial LLC now owns 544,596 shares of the company’s stock worth $1,906,000 after buying an additional 117,550 shares during the period. Finally, Stifel Financial Corp raised its stake in Aris Mining by 60.4% during the 3rd quarter. Stifel Financial Corp now owns 540,544 shares of the company’s stock worth $2,486,000 after buying an additional 203,586 shares during the period. Institutional investors own 35.81% of the company’s stock.

Aris Mining Stock Down 0.7 %

NYSE:ARMN opened at $4.25 on Wednesday. Aris Mining Co. has a 1 year low of $3.29 and a 1 year high of $5.16. The stock has a 50-day moving average price of $4.16 and a two-hundred day moving average price of $4.12. The stock has a market cap of $730.36 million, a price-to-earnings ratio of -212.50 and a beta of -0.46. The company has a current ratio of 1.45, a quick ratio of 1.13 and a debt-to-equity ratio of 0.32.

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.