Zurcher Kantonalbank Zurich Cantonalbank Acquires Shares of 27,829 Aris Mining Co. (NYSE:ARMN)

Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Aris Mining Co. (NYSE:ARMN) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 27,829 shares of the company’s stock, valued at approximately $129,000.

Several other large investors have also made changes to their positions in the company. Banque Cantonale Vaudoise acquired a new position in Aris Mining in the second quarter valued at about $51,000. Aigen Investment Management LP raised its stake in shares of Aris Mining by 192.1% in the third quarter. Aigen Investment Management LP now owns 36,241 shares of the company’s stock valued at $168,000 after acquiring an additional 23,833 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of Aris Mining in the 3rd quarter worth approximately $200,000. Mackenzie Financial Corp acquired a new stake in Aris Mining during the 2nd quarter valued at $220,000. Finally, TD Asset Management Inc bought a new position in Aris Mining in the 2nd quarter valued at $494,000. Institutional investors own 35.81% of the company’s stock.

Aris Mining Price Performance

Aris Mining stock opened at $3.87 on Tuesday. Aris Mining Co. has a 52 week low of $2.60 and a 52 week high of $5.16. The firm has a market cap of $659.10 million, a P/E ratio of -193.50 and a beta of -0.18. 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 business’s fifty day moving average is $4.34 and its two-hundred day moving average is $4.31.

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.