LPL Financial LLC Increases Stock Holdings in Aris Mining Co. (NYSE:ARMN)

LPL Financial LLC boosted its position in Aris Mining Co. (NYSE:ARMN) by 27.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 544,596 shares of the company’s stock after purchasing an additional 117,550 shares during the period. LPL Financial LLC owned about 0.32% of Aris Mining worth $1,906,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ARMN. Commonwealth Equity Services LLC lifted its holdings in shares of Aris Mining by 13.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 60,000 shares of the company’s stock valued at $210,000 after purchasing an additional 7,000 shares in the last quarter. Ruffer LLP increased its position in shares of Aris Mining by 15.2% in the fourth quarter. Ruffer LLP now owns 5,687,273 shares of the company’s stock worth $19,940,000 after acquiring an additional 751,473 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Aris Mining in the fourth quarter valued at about $128,000. Sprott Inc. increased its stake in Aris Mining by 98.4% during the 4th quarter. Sprott Inc. now owns 40,924 shares of the company’s stock worth $143,000 after buying an additional 20,299 shares during the period. Finally, Alberta Investment Management Corp boosted its holdings in Aris Mining by 12.8% in the fourth quarter. Alberta Investment Management Corp now owns 1,036,050 shares of the company’s stock valued at $3,631,000 after purchasing an additional 117,249 shares during the last quarter. Institutional investors and hedge funds own 35.81% of the company’s stock.

Aris Mining Trading Down 0.2 %

NYSE ARMN opened at $5.41 on Wednesday. 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’s fifty day moving average price is $4.33 and its two-hundred day moving average price is $4.13. Aris Mining Co. has a 12 month low of $3.29 and a 12 month high of $5.49. The company has a market capitalization of $929.71 million, a price-to-earnings ratio of -270.50 and a beta of -0.46.

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.