Rockefeller Capital Management L.P. Grows Holdings in Aris Mining Co. $ARIS

Rockefeller Capital Management L.P. boosted its position in Aris Mining Co. (NYSE:ARIS) by 190,092.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 218,721 shares of the company’s stock after purchasing an additional 218,606 shares during the period. Rockefeller Capital Management L.P.’s holdings in Aris Mining were worth $3,550,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC bought a new position in shares of Aris Mining during the 4th quarter worth approximately $27,000. Global Retirement Partners LLC bought a new position in shares of Aris Mining in the fourth quarter valued at approximately $37,000. PNC Financial Services Group Inc. purchased a new stake in shares of Aris Mining during the fourth quarter valued at approximately $45,000. Banque Cantonale Vaudoise purchased a new stake in shares of Aris Mining during the third quarter valued at approximately $93,000. Finally, Insigneo Advisory Services LLC bought a new stake in Aris Mining during the third quarter worth $98,000. Hedge funds and other institutional investors own 39.71% of the company’s stock.

Aris Mining Stock Up 1.0%

ARIS opened at $15.14 on Friday. The company has a quick ratio of 1.62, a current ratio of 1.78 and a debt-to-equity ratio of 0.30. The stock has a market cap of $3.13 billion, a price-to-earnings ratio of 18.03 and a beta of -0.39. Aris Mining Co. has a twelve month low of $6.42 and a twelve month high of $23.29. The company’s 50-day moving average price is $17.58 and its two-hundred day moving average price is $17.96.

Aris Mining (NYSE:ARIS) last released its earnings results on Wednesday, May 6th. The company reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.05). Aris Mining had a net margin of 15.19% and a return on equity of 20.97%. The company had revenue of $372.48 million for the quarter. As a group, equities analysts expect that Aris Mining Co. will post 2.62 earnings per share for the current year.

Analyst Ratings Changes

ARIS has been the topic of several research analyst reports. Weiss Ratings cut Aris Mining from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Zacks Research lowered Aris Mining from a “hold” rating to a “strong sell” rating in a research report on Monday, May 18th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Aris Mining currently has a consensus rating of “Hold” and a consensus price target of $17.00.

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.