Alberta Investment Management Corp Has $3.63 Million Stake in Aris Mining Co. (NYSE:ARMN)

Alberta Investment Management Corp grew its position in shares of Aris Mining Co. (NYSE:ARMN) by 12.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,036,050 shares of the company’s stock after acquiring an additional 117,249 shares during the quarter. Alberta Investment Management Corp’s holdings in Aris Mining were worth $3,631,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in ARMN. Virtu Financial LLC lifted 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 worth $102,000 after buying an additional 8,909 shares in the last quarter. PDT Partners LLC purchased a new position in Aris Mining in the 3rd quarter valued at approximately $59,000. International Assets Investment Management LLC bought a new stake in shares of Aris Mining during the 3rd quarter valued at $740,000. Centiva Capital LP bought a new stake in shares of Aris Mining during the third quarter valued at about $84,000. Finally, Aigen Investment Management LP lifted its stake in Aris Mining by 192.1% in the 3rd quarter. Aigen Investment Management LP now owns 36,241 shares of the company’s stock worth $168,000 after purchasing an additional 23,833 shares in the last quarter. 35.81% of the stock is owned by institutional investors.

Aris Mining Price Performance

NYSE:ARMN opened at $3.99 on Friday. The firm has a market capitalization of $682.33 million, a price-to-earnings ratio of -199.50 and a beta of 0.16. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.13 and a current ratio of 1.45. The stock has a fifty day moving average of $3.73 and a 200 day moving average of $4.16. Aris Mining Co. has a 52-week low of $2.75 and a 52-week high of $5.16.

Aris Mining Company 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.