Centiva Capital LP Makes New Investment in Aris Mining Co. (NYSE:ARMN)

Centiva Capital LP purchased a new position in Aris Mining Co. (NYSE:ARMN) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 18,203 shares of the company’s stock, valued at approximately $84,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. PDT Partners LLC purchased a new stake in shares of Aris Mining during the 3rd quarter worth $59,000. Banque Cantonale Vaudoise purchased a new stake in Aris Mining during the 2nd quarter worth about $51,000. International Assets Investment Management LLC acquired a new position in shares of Aris Mining during the 3rd quarter worth about $740,000. Aigen Investment Management LP lifted its stake in Aris Mining by 192.1% during the third 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 during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Aris Mining in the 3rd quarter valued at $129,000. Institutional investors and hedge funds own 35.81% of the company’s stock.

Aris Mining Stock Performance

NYSE ARMN opened at $3.79 on Friday. The company has a fifty day moving average of $4.27 and a two-hundred day moving average of $4.30. The company has a market capitalization of $648.13 million, a PE ratio of -189.50 and a beta of -0.20. Aris Mining Co. has a 1 year low of $2.60 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.

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.