Artisan Partners Limited Partnership Has $2.88 Million Holdings in Aris Mining Co. (NYSE:ARMN)

Artisan Partners Limited Partnership raised its stake in Aris Mining Co. (NYSE:ARMN) by 72.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 821,679 shares of the company’s stock after purchasing an additional 344,179 shares during the period. Artisan Partners Limited Partnership owned approximately 0.48% of Aris Mining worth $2,876,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. PDT Partners LLC bought a new position in Aris Mining in the third quarter worth $59,000. Centiva Capital LP bought a new position in shares of Aris Mining during the 3rd quarter worth about $84,000. Virtu Financial LLC boosted its position in shares of Aris Mining by 66.6% during the 3rd quarter. Virtu Financial LLC now owns 22,279 shares of the company’s stock valued at $102,000 after acquiring an additional 8,909 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Aris Mining in the third quarter valued at about $129,000. Finally, XTX Topco Ltd acquired a new position in Aris Mining in the third quarter worth about $129,000. Institutional investors own 35.81% of the company’s stock.

Aris Mining Stock Down 2.6 %

NYSE ARMN opened at $4.55 on Friday. Aris Mining Co. has a 1-year low of $3.29 and a 1-year high of $5.16. The company has a market capitalization of $781.92 million, a price-to-earnings ratio of -227.50 and a beta of 0.23. The stock’s 50 day moving average is $4.02 and its two-hundred day moving average is $4.13. 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.