Aris Mining Corp (AMEX:ARMN) price on Friday, May 02, rose 0.38% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.34.
A look at the stock’s price movement, the close in the last trading session was $5.32, moving within a range at $5.2701 and $5.42. The beta value (5-Year monthly) was 1.519 while the PE ratio in trailing twelve months stood at 36.78. Turning to its 52-week performance, $5.74 and $3.29 were the 52-week high and 52-week low respectively. Overall, ARMN moved 7.01% over the past month.
Aris Mining Corp’s market cap currently stands at around $920.99 million, with investors looking forward to this quarter’s earnings report slated for in June.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ARMN is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend ARMN as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ARMN’s current price about 2.41% and 15.10% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 57.17, while 7-day volatility ratio is 3.43% and 5.39% in the 30-day chart. Further, Aris Mining Corp (ARMN) has a beta value of 0.57, and an average true range (ATR) of 0.25.
If we refocus on Aris Mining Corp (AMEX:ARMN), historical trading data shows that trading volumes averaged 1.02 over the past 10 days and 862.62K over the past 3 months. The company’s latest data on shares outstanding shows there are 171.03 million shares.
The 14.03% of Aris Mining Corp’s shares are in the hands of company insiders while institutional holders own 43.92% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.35 million on 2025-04-15, giving us a short ratio of 2.16. Current price change has pushed the stock 52.57% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ARMN stock continues to rise going into the next quarter.
