Aris Mining Co. (NYSE:ARMN) Shares Purchased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. raised its holdings in Aris Mining Co. (NYSE:ARMN) by 210,416.7% in the fourth quarter, Holdings Channel reports. The fund owned 25,262 shares of the company’s stock after buying an additional 25,250 shares during the period. TD Waterhouse Canada Inc.’s holdings in Aris Mining were worth $86,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of Aris Mining in the fourth quarter valued at approximately $128,000. Invesco Ltd. increased its stake in shares of Aris Mining by 51.8% in the 4th quarter. Invesco Ltd. now owns 6,581,952 shares of the company’s stock worth $23,037,000 after acquiring an additional 2,245,775 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Aris Mining by 4.1% during the 4th quarter. Russell Investments Group Ltd. now owns 1,412,442 shares of the company’s stock worth $4,950,000 after acquiring an additional 55,917 shares during the period. Geode Capital Management LLC boosted its position in shares of Aris Mining by 4.1% during the 4th quarter. Geode Capital Management LLC now owns 80,860 shares of the company’s stock valued at $284,000 after acquiring an additional 3,176 shares during the last quarter. Finally, Diametric Capital LP grew its holdings in shares of Aris Mining by 320.4% in the fourth quarter. Diametric Capital LP now owns 149,581 shares of the company’s stock valued at $524,000 after purchasing an additional 114,000 shares during the period. 35.81% of the stock is owned by hedge funds and other institutional investors.

Aris Mining Price Performance

Shares of ARMN stock opened at $5.40 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.45 and a quick ratio of 1.13. The company has a market capitalization of $927.99 million, a PE ratio of -270.00 and a beta of -0.46. The firm’s 50-day moving average is $4.55 and its two-hundred day moving average is $4.18. Aris Mining Co. has a 12 month low of $3.29 and a 12 month high of $5.74.

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.