<div id="readability-page-1"><p>683 Capital Management LLC cut its stake in  Aris Mining Co. (NYSE:ARMN - Free Report) by 7.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The fund owned 1,500,000 shares of the company's stock after selling 125,000 shares during the quarter. Aris Mining comprises approximately  0.7% of 683 Capital Management LLC's holdings, making the stock its 28th largest holding. 683 Capital Management LLC owned approximately 0.74% of Aris Mining worth $10,108,000 at the end of the most recent reporting period.</p><ul><li>Not in a Rush to Buy Gold? 5 Stocks to Buy on the Dip</li></ul><p>Other hedge funds have also bought and sold shares of the company. Hillsdale Investment Management Inc. purchased a new stake in shares of  Aris Mining in the second quarter valued at $32,173,000.  Amundi grew its holdings in  Aris Mining by 3,670.1% during the 2nd quarter. Amundi now owns 1,885,031 shares of the company's stock valued at $12,969,000 after purchasing an additional 1,835,031 shares during the last quarter.  JPMorgan Chase &amp; Co. raised its position in  Aris Mining by 41,257.3% in the 2nd quarter. JPMorgan Chase &amp; Co. now owns 1,815,998 shares of the company's stock worth $12,204,000 after purchasing an additional 1,811,607 shares during the period.  Arrowstreet Capital Limited Partnership bought a new stake in  Aris Mining in the second quarter worth about $11,203,000.  Finally, American Century Companies Inc. lifted its stake in  Aris Mining by 37.4% in the first quarter. American Century Companies Inc. now owns 1,366,667 shares of the company's stock worth $6,316,000 after purchasing an additional 371,834 shares during the last quarter. Institutional investors own  35.81% of the company's stock. </p><h2>Aris Mining Trading Up 2.8%</h2><p>Shares of NYSE ARMN opened at $15.71 on Friday. Aris Mining Co. has a twelve month low of $3.29 and a twelve month high of $15.83. The firm has a market cap of $3.18 billion, a PE ratio of -785.50 and a beta of -0.51. The business has a fifty day simple moving average of $11.55 and a two-hundred day simple moving average of $9.03. The company has a quick ratio of 1.13, a current ratio of 1.45 and a debt-to-equity ratio of 0.32. </p><h2>Analysts Set New Price Targets</h2><p>A number of research analysts have recently commented on ARMN shares. National Bankshares  reaffirmed an &#34;outperform&#34; rating on shares of Aris Mining in a research note on Monday, November 3rd. Zacks Research upgraded Aris Mining from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Monday, November 10th. BMO Capital Markets  reiterated an &#34;outperform&#34; rating on shares of Aris Mining in a research note on Thursday, October 30th. Finally, Canaccord Genuity Group lifted their target price on Aris Mining from $16.50 to $17.00 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, September 4th. One equities research analyst  has rated the stock with a Strong Buy rating and three have assigned  a Buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of &#34;Buy&#34; and a consensus target price of $17.00.</p><p><b>View Our Latest Report on Aris Mining</b></p><h2>Aris Mining Profile</h2> (Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Aris Mining</li><li>High Flyers: 3 Natural Gas Stocks for March 2022</li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>Investing in Commodities: What Are They? How to Invest in Them</li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</li><li>Stock Analyst Ratings and Canadian Analyst Ratings</li><li>Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff</li></ul><p><strong>Want to see what other hedge funds are holding ARMN?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aris Mining Co. (NYSE:ARMN - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFSTU4?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFSTU4"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Aris Mining Right Now?</h2><p>Before you consider Aris Mining, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aris Mining wasn't on the list.</p><p>While Aris Mining currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ARMN

<p>683 Capital Management LLC reduced its stake in Aris Mining Co. by 7.7% in Q2, selling 125,000 shares. Despite this, other hedge funds increased their holdings. Aris Mining's stock is trading at $15.71, with a 12-month high of $15.83. Analysts have given the stock a consensus 'Buy' rating, with a target price of $17.00. The company engages in gold, silver, and copper exploration in Canada, Colombia, and Guyana.</p>

683 Capital Management LLC Decreases Stock Position in Aris Mining Co. $ARMN