Mackenzie Financial Corp bought a new position in shares of Aris Mining Co. (NYSE:ARMN – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 58,087 shares of the company’s stock, valued at approximately $220,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Banque Cantonale Vaudoise bought a new stake in shares of Aris Mining during the second quarter worth $51,000. Virtu Financial LLC bought a new stake in Aris Mining in the first quarter valued at about $79,000. Quadrature Capital Ltd bought a new stake in Aris Mining in the first quarter valued at about $165,000. TD Asset Management Inc bought a new stake in Aris Mining in the second quarter valued at about $494,000. Finally, Herr Investment Group LLC bought a new stake in Aris Mining in the first quarter valued at about $670,000. Institutional investors own 35.81% of the company’s stock.
Aris Mining Trading Down 1.9 %
NYSE ARMN opened at $4.39 on Tuesday. The stock has a 50-day simple moving average of $4.46 and a 200 day simple moving average of $4.18. The company has a market capitalization of $742.05 million and a PE ratio of 88.20. The company has a current ratio of 1.88, a quick ratio of 1.52 and a debt-to-equity ratio of 0.31. Aris Mining Co. has a 12 month low of $2.16 and a 12 month high of $5.16.
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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