Themes Management Co LLC Invests $674,000 in Aris Mining Co. $ARIS

Themes Management Co LLC bought a new position in shares of Aris Mining Co. (NYSE:ARIS) in the first quarter, Holdings Channel.com reports. The institutional investor bought 36,323 shares of the company’s stock, valued at approximately $674,000.

Other large investors have also recently bought and sold shares of the company. Cumberland Partners Ltd acquired a new position in Aris Mining in the 1st quarter worth approximately $1,011,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Aris Mining during the 1st quarter valued at approximately $9,528,000. Gamco Investors INC. ET AL acquired a new stake in Aris Mining during the 1st quarter valued at approximately $425,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Aris Mining in the 1st quarter valued at $1,091,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Aris Mining in the 1st quarter valued at $97,429,000. Hedge funds and other institutional investors own 39.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ARIS. Zacks Research raised shares of Aris Mining from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Weiss Ratings downgraded Aris Mining from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $17.00.

Aris Mining Trading Up 0.5%

Aris Mining stock opened at $14.66 on Friday. The firm has a market cap of $3.03 billion, a PE ratio of 17.46 and a beta of -0.22. Aris Mining Co. has a 12 month low of $6.65 and a 12 month high of $23.29. The stock’s 50 day simple moving average is $15.81 and its two-hundred day simple moving average is $17.81. The company has a current ratio of 1.78, a quick ratio of 1.62 and a debt-to-equity ratio of 0.30.

Aris Mining (NYSE:ARIS) last posted its earnings results on Wednesday, May 6th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.05). Aris Mining had a net margin of 15.19% and a return on equity of 20.97%. The firm had revenue of $372.48 million during the quarter. Analysts anticipate that Aris Mining Co. will post 2.41 earnings per share for the current year.

About Aris Mining

Aris Mining Corp, headquartered in Vancouver, British Columbia, is a mineral exploration and development company focused on advancing a diversified portfolio of precious metal and lithium assets. Listed on the New York Stock Exchange under the ticker ARMN, the company pursues a disciplined strategy of resource definition and project development to deliver value for its shareholders.

The firm’s principal assets include several high-grade gold projects across multiple continents and a strategic lithium property in the United States.