Mackenzie Financial Corp acquired a new position in shares of Aris Mining Co. (NYSE:ARMN - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 191,400 shares of the company's stock, valued at approximately $632,000. Mackenzie Financial Corp owned about 0.14% of Aris Mining at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of ARMN. Scotia Capital Inc. purchased a new stake in Aris Mining in the third quarter valued at $27,000. Sprott Inc. purchased a new stake in Aris Mining in the third quarter valued at $33,000. Private Advisor Group LLC purchased a new stake in Aris Mining in the third quarter valued at $45,000. Metis Global Partners LLC purchased a new stake in Aris Mining in the third quarter valued at $47,000. Finally, Guild Investment Management Inc. purchased a new stake in Aris Mining in the third quarter valued at $91,000. 35.81% of the stock is owned by hedge funds and other institutional investors.
Aris Mining Stock Performance
NYSE ARMN traded up $0.09 during trading on Friday, reaching $4.06. The company's stock had a trading volume of 390,968 shares, compared to its average volume of 178,411. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.86 and a current ratio of 2.15. The firm has a market cap of $601.61 million and a price-to-earnings ratio of 198.50. Aris Mining Co. has a twelve month low of $2.16 and a twelve month high of $4.09. The business's fifty day moving average price is $3.37 and its 200-day moving average price is $3.07.