Core Viewpoint - Aris Mining Corporation (ARMN) has demonstrated significant stock performance, with a 140.4% increase over the past six months, outperforming both the Zacks sub-industry and the S&P 500 [2][4]. Group 1: Stock Performance - ARMN shares are trading near their 52-week high of $17.50, closing at $17.33, just 1% below this peak [2]. - The stock has outperformed industry peers such as B2Gold Corp. (BTG) and Eldorado Gold Corporation (EGO), which saw gains of 34.9% and 95.6%, respectively, during the same period [3]. Group 2: Production and Operations - The company produced 73,236 ounces of gold in Q3 2025, marking a 25% increase from the previous quarter and a 36.6% increase year-over-year, contributing to a total of 186,651 ounces for the first nine months of 2025 [9]. - The growth in gold production is primarily attributed to the Segovia mine, which benefited from the commissioning of a second mill, increasing processing capacity [10]. - The Marmato operation is also a key growth driver, with ongoing development in the Bulk Mining Zone expected to enhance output significantly by the second half of 2026 [12]. Group 3: Financial Position - ARMN holds a strong cash position of $417.9 million, which supports its investment in expansion projects [13]. - The company reported an increase in all-in-sustaining costs (AISC) per ounce to $1,641, up from $1,540 year-over-year, due to rising operational costs [14]. Group 4: Valuation - ARMN is trading at a forward price-to-earnings ratio of 7.25X, which is lower than the industry average of 14.66X, indicating a potentially undervalued stock compared to peers [18]. Group 5: Future Outlook - Despite the company's strong liquidity and growth projects, near-term challenges such as escalating operating costs and higher AISC may limit its immediate prospects [20].

Core Insights - Aris Mining Corporation (ARMN) is facing rising costs, with its all-in-sustaining costs (AISC) per ounce increasing to $1,641 in Q3 2025, up from $1,540 a year ago, marking a 6.6% year-over-year rise [1][8] Cost Factors - Key factors contributing to ARMN's high costs include increased volumes of purchased mill feed from Contract Mining Partners, higher royalty and social contribution expenses due to elevated gold prices and stronger sales volumes, and increased mining costs from greater throughput and the ramp-up of operations following the commissioning of the second mill at Segovia [2][8] Profitability and Margins - Despite rising costs, ARMN's profitability remains strong, with its AISC margin increasing by 36% sequentially and 42% year over year, driven by higher realized gold prices and increased sales volumes [3][8] Strategic Positioning - The increase in costs is attributed to strategic and growth-focused investments, with ARMN well-positioned to maintain healthy margins and advance its long-term growth plans, supported by higher gold prices and disciplined cost control [4] Peer Comparison - Among peers, Newmont Corp. reported an AISC of $1,566 per ounce, down 2.8% year over year, while Agnico Eagle Mines had an AISC of $1,373 per ounce, increasing 7% year over year [5][6] Stock Performance - Aris Mining's shares have increased by 55.2% over the past three months, outperforming the industry growth of 17.5% [7] Valuation Metrics - ARMN is trading at a forward price-to-earnings ratio of 7.57X, significantly lower than the industry's average of 14.66X, indicating potential undervaluation [10] Earnings Estimates - The Zacks Consensus Estimate for ARMN's earnings has remained stable for 2025, with current estimates at $1.35 per share [12][13]

Core Insights - Aris Mining Corporation (NYSE:ARMN) is recognized as one of the 20 Best Performing Stocks in 2025 [1] Group 1: Acquisition and Control - Aris Mining Corporation successfully acquired the remaining 49% stake in the Soto Norte joint venture in Colombia from MDC Industry Holding Company LLC (Mubadala), gaining full control of the project [2] - Following the acquisition, Mubadala no longer holds any related precious metals stream, allowing Aris Mining to manage the Soto Norte Project entirely [2] Group 2: Strategic Focus - The CEO, Neil Woodyer, indicated that the company is focusing on building a substantial gold business across Colombia and Guyana, leveraging its complete ownership of Segovia, Marmato, Toroparu, and Soto Norte [3] - The strategy emphasizes significant cash flow production from existing mines while pursuing growth through developments, research, and project development [3] Group 3: Growth and Performance - Since its establishment in 2022, Aris Mining has transitioned from a buy-and-build strategy to enhancing its owned assets, aiming to produce over one million ounces of gold annually from its existing asset base [4] - Analyst Don DeMarco from National Bank raised the price target for Aris Mining Corporation from C$22.50 to C$23, maintaining an Outperform rating for the stock [4] Group 4: Operations Overview - Aris Mining Corporation engages in the acquisition, exploration, development, and operation of gold properties in Colombia, Guyana, and Canada [5]

Core Insights - Aris Mining Corporation (ARMN) is advancing key development projects that are expected to support future production growth, with a significant increase in gold production in Q3 2025 [1][7] Group 1: Production and Operations - In Q3 2025, ARMN produced 73,236 ounces of gold, marking a 36.6% year-over-year increase, primarily driven by improved performance at the Segovia mine following the commissioning of its second mill [1][7] - The Segovia mine processed 219,550 tons of gold in Q3, up 31.6% year-over-year, enhancing its processing capacity and output [1] - The Marmato mine is positioned as a key catalyst for long-term growth, with steady production and development of the bulk mining zone expected to yield first gold exploration in the second half of 2026 [2] Group 2: Market Position and Valuation - Aris Mining's shares have increased by 336.8% over the past year, significantly outperforming the industry's growth of 139.6% [6] - The company is currently trading at a forward price-to-earnings ratio of 7.19X, compared to the industry's average of 13.47X, indicating a potentially undervalued position [9] Group 3: Peer Comparison - Among peers, Barrick Mining Corporation is focusing on high-return investments, although operational issues may lead to lower gold production in 2025 [4] - B2Gold Corp. is benefiting from maximizing profitable mine production, with expectations of increased output at the Fekola mine in 2025 [5]

Group 1 - Aris Mining Corp. experienced a significant share price increase of 363.71% in full-year 2025, driven by its expansion program and a surge in gold prices to record highs [1][2] - The rally in share prices peaked in late November 2025, coinciding with the Federal Reserve's decision to cut benchmark rates by 25 basis points, which increased demand for precious metals [1][2] - The company announced it is on track to achieve an annual gold production of 1 million ounces following the full acquisition of Soto Norte, enhancing its focus on building a diversified gold business in Colombia and Guyana [2]

Core Insights - Aris Mining Corporation (ARMN) is focused on enhancing its growth pipeline through strategic investments, including the acquisition of a 49% stake in the Soto Norte joint venture, making it the sole owner of the project, which is recognized as a top undeveloped gold asset in the Americas [1][8] Acquisition and Project Development - The acquisition aligns with Aris Mining's strategy to build a diversified gold business in Guyana and Colombia [2] - A preliminary economic assessment (PEA) for the fully-owned Toroparu Project in Guyana indicates its potential as a long-lasting, low-cost mine with over 6.5 million ounces of gold resources [2][8] Financial Position - Aris Mining reported a strong cash balance of $417.9 million at the end of Q3 2025, which supports ongoing investment in expansion projects [3][8] - The company has generated healthy cash flow during the same period, positioning it well for future growth [3] Market Performance - Aris Mining's shares have increased by 17.2% over the past month, outperforming the industry growth of 3.5% [6] - The company is trading at a forward price-to-earnings ratio of 6.96X, significantly lower than the industry's average of 13.19X, indicating potential undervaluation [9] Earnings Estimates - The Zacks Consensus Estimate for Aris Mining's earnings has risen by 32.4% over the past 60 days, reflecting positive market sentiment [10] - Current earnings estimates for the current year stand at $1.35 per share, with projections of $2.36 for the next year [11]

Core Insights - Aris Mining Corporation (ARMN) and Eldorado Gold Corporation (EGO) are key players in the Zacks Mining - Gold industry, both based in Vancouver, Canada, focusing on gold extraction and operational growth through exploration and strategic partnerships [1][2]. Aris Mining (ARMN) - ARMN is enhancing its position in Latin America with increased production and mine expansions, achieving gold output of 73,236 ounces in Q3 2025, a 25% sequential increase and a 36.6% year-over-year rise, keeping it on track for a full-year guidance of 230,000-275,000 ounces [3][22]. - The Segovia mine is crucial for ARMN's growth, with a second mill boosting processing capacity, while the Marmato operation is expected to diversify production with first gold exploration anticipated in H2 2026 [4][22]. - ARMN holds a 51% interest in the Soto Norte Project in Colombia, recognized as a top undeveloped gold asset, and the Toroparu Project in Guyana, which has over 6.5 million ounces of gold resources [5][22]. - Financially, ARMN is strong with a cash balance of $417.9 million at the end of Q3, allowing for continued investment in expansion projects [6][22]. - However, ARMN faces cost pressures, with all-in-sustaining costs (AISC) rising 6.6% year-over-year to approximately $1,641 per ounce due to increased mill feed costs and higher royalties [7]. Eldorado Gold (EGO) - EGO is optimizing mine output while advancing development projects, operating four mines in Turkiye, Canada, and Greece, with a strong growth pipeline including the Skouries project [8][10]. - The Skouries project is expected to be a significant growth driver, with first production anticipated by mid-2026, projected to deliver 135,000-155,000 ounces of gold and 45-60 million pounds of copper in 2026 [9][10]. - EGO is enhancing productivity at its existing operations, including upgrades at Kisladag and the Lamaque Complex, and expanding Olympias from 500 ktpa to 650 ktpa [11][12]. - EGO's AISC rose sharply to $2,421 per ounce in Q3 2025, up from $1,513 per ounce year-over-year, prompting an upward revision of full-year AISC guidance to $1,600-$1,675 per ounce due to cost inflation [13]. Financial Performance and Valuation - The Zacks Consensus Estimate for ARMN's 2025 earnings per share (EPS) indicates a growth of 297.1%, with estimates trending upward over the past 60 days [14]. - In contrast, EGO's 2025 EPS implies a year-over-year growth of 8.3%, but estimates have declined over the past 60 days [15]. - Over the past six months, ARMN's shares surged 138.2%, while EGO's stock gained 75.3% [16]. - ARMN is trading at a forward price-to-earnings ratio of 7.37X, above its median of 4.54X, while EGO's forward earnings multiple is at 8.35X, lower than its median of 10.61X [17]. Conclusion - ARMN is well-positioned for long-term growth with a strong project pipeline and financial strength, while EGO faces near-term challenges with elevated costs impacting margins [22][23]. - Given current conditions, ARMN is viewed as a more favorable investment compared to EGO, with ARMN holding a Zacks Rank 1 (Strong Buy) and EGO a Zacks Rank 3 (Hold) [23].

Core Insights - Investors are encouraged to adopt an active stock selection strategy as 2026 approaches, focusing on breakout stocks within specific price ranges [1] Group 1: Identified Breakout Stocks - Aris Mining Corporation (ARMN), Alto Ingredients, Inc. (ALTO), and Mama's Creations, Inc. (MAMA) are highlighted as breakout stocks for 2026, with significant year-to-date gains of 394%, 94%, and 70% respectively [2] - Mama's Creations is projected to achieve an earnings growth rate of 84.6% next year, contributing to its selection as a breakout stock [9] - Aris Mining has an expected earnings growth rate of 74.8% for the upcoming year, while Alto Ingredients is projected to have a remarkable earnings growth rate of 260% [10][11] Group 2: Breakout Stock Selection Criteria - The selection of breakout stocks involves calculating support and resistance levels, where support is the lower price limit and resistance is the upper price limit for stock movements [3][4] - A genuine breakout occurs when the previous resistance level becomes the new support level, validated by long-term price trend analysis [6] - Screening criteria include a percentage price change over four weeks between 10% and 20%, a current price at least 90% of the 52-week high, a Zacks Rank of 1 (Strong Buy), a beta of 2 or less, and a current price of $20 or less [7][8]

Core Insights - Aris Mining Corporation (ARMN) reported a significant increase in gold production in Q3 2025, producing 73,236 ounces, which is a 36.6% year-over-year increase and a 25% increase from the previous quarter [1][8] - The growth in production is primarily attributed to the Segovia mine, which saw a 38% year-over-year increase in output to 65,549 ounces [2][8] - The Marmato upper mine also contributed with a production of 7,687 ounces, reflecting a 25.7% increase from the same quarter last year [2] Production and Expansion - The commissioning of a second mill at the Segovia mine has enhanced its gold processing capacity, driving production growth [1] - The development of the Bulk Mining Zone at the Marmato upper mine is progressing, with first gold exploration anticipated in the second half of 2026 [1] - Aris Mining holds a 51% stake in the Soto Norte Project, which has been confirmed as a high-potential undeveloped gold asset in the Americas [3] - A preliminary economic assessment (PEA) for the fully owned Toroparu Project in Guyana indicates its potential to become a long-lasting and low-cost mine [3] Future Production Outlook - The company is projected to produce between 230,000 and 275,000 ounces of gold in 2025, positioning itself well for growth in Latin America's gold mining sector [4] Peer Comparison - B2Gold Corp. (BTG) reported a consolidated gold production of 254,369 ounces in Q3 2025, a 40.9% year-over-year increase, and is on track to meet its production expectations for 2025 [5] - Barrick Mining Corp. (B) experienced a 12% year-over-year decline in consolidated gold production to 829,000 ounces in Q3 2025, with a forecast of 3.15-3.5 million ounces for 2025 [6] Stock Performance and Valuation - Aris Mining's shares have surged 138.5% over the past six months, outperforming the industry growth of 70.6% [7] - The company is trading at a forward price-to-earnings ratio of 7.54X, significantly lower than the industry's average of 14.03X [10] - The Zacks Consensus Estimate for Aris Mining's earnings has remained stable over the past 30 days, with a Zacks Rank of 1 (Strong Buy) [11]

Core Viewpoint - Aris Mining (ARMN) is recognized for its growth and valuation as a junior gold miner, particularly in comparison to Aura Minerals (AUGO) [1] Company Analysis - Aris Mining has shown impressive growth metrics that attract attention in the investment community [1] - The analysis emphasizes the importance of financial statements in understanding the company's potential and valuation [1] Investment Perspective - The author has established a beneficial long position in ARMN and AUGO, indicating confidence in their future performance [2] - The analysis aims to provide a fundamental view and streamlined research similar to institutional standards, focusing on long-term potential [1]