Diametric Capital LP Has $524,000 Stock Holdings in Aris Mining Co. (NYSE:ARMN)

Diametric Capital LP lifted its position in shares of Aris Mining Co. (NYSE:ARMN) by 320.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 149,581 shares of the company’s stock after buying an additional 114,000 shares during the quarter. Diametric Capital LP’s holdings in Aris Mining were worth $524,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. PDT Partners LLC bought a new position in Aris Mining during the third quarter worth about $59,000. Centiva Capital LP acquired a new position in shares of Aris Mining during the 3rd quarter worth approximately $84,000. Virtu Financial LLC grew 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 purchasing an additional 8,909 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Aris Mining during the fourth quarter worth approximately $128,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of Aris Mining in the third quarter valued at approximately $129,000. Institutional investors own 35.81% of the company’s stock.

Aris Mining Trading Up 2.0 %

Shares of NYSE:ARMN opened at $4.64 on Tuesday. The business’s 50 day simple moving average is $4.04 and its 200 day simple moving average is $4.12. Aris Mining Co. has a 1 year low of $3.29 and a 1 year high of $5.16. 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 $797.38 million, a P/E ratio of -232.00 and a beta of 0.23.

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.