112,249 Shares in Aris Mining Co. $ARIS Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Aris Mining Co. (NYSE:ARISFree Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 112,249 shares of the company’s stock, valued at approximately $1,674,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Public Employees Retirement System of Ohio lifted its position in Aris Mining by 2.7% during the third quarter. Public Employees Retirement System of Ohio now owns 55,647 shares of the company’s stock valued at $546,000 after purchasing an additional 1,441 shares during the last quarter. FNY Investment Advisers LLC increased its holdings in shares of Aris Mining by 15.0% in the 2nd quarter. FNY Investment Advisers LLC now owns 11,500 shares of the company’s stock worth $171,000 after buying an additional 1,500 shares during the last quarter. RMG Wealth Management LLC purchased a new stake in shares of Aris Mining during the 1st quarter valued at $30,000. Kestra Advisory Services LLC purchased a new stake in shares of Aris Mining during the 4th quarter valued at $27,000. Finally, Cetera Investment Advisers raised its position in shares of Aris Mining by 2.5% during the 2nd quarter. Cetera Investment Advisers now owns 88,214 shares of the company’s stock valued at $593,000 after buying an additional 2,135 shares in the last quarter. Hedge funds and other institutional investors own 39.71% of the company’s stock.

Aris Mining Stock Up 0.6%

Shares of ARIS opened at $19.52 on Friday. Aris Mining Co. has a 1 year low of $8.75 and a 1 year high of $23.29. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.91 and a quick ratio of 1.68. The stock has a 50 day simple moving average of $17.06 and a two-hundred day simple moving average of $17.67. The firm has a market cap of $4.03 billion, a P/E ratio of 14.15 and a beta of -0.06.

Aris Mining (NYSE:ARISGet Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.39 by $0.08. The firm had revenue of $330.23 million for the quarter. Aris Mining had a net margin of 22.43% and a return on equity of 22.82%. On average, analysts forecast that Aris Mining Co. will post 2.28 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently issued reports on ARIS. Zacks Research lowered shares of Aris Mining from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 5th. Weiss Ratings downgraded Aris Mining from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, August 20th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Read Our Latest Research Report on Aris Mining

Aris Mining Company Profile

(Free Report)

Aris Mining Corporation is a gold mining company focused on the exploration, development and operation of mineral properties in Colombia. The company produces gold and associated silver through its underground and processing operations, with a strategy centered on expanding production, extending mine lives and advancing exploration opportunities in established mining districts.

Aris Mining’s principal assets include the Segovia Operations in Antioquia, Colombia, a long-running high-grade underground mining complex, and the Marmato Mining Complex in Caldas, Colombia.

See Also

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Institutional Ownership by Quarter for Aris Mining (NYSE:ARIS)

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