Core Viewpoint - Aris Mining Corporation (ARMN) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive trend in earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Ratings - The Zacks rating system is based solely on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The recent upgrade reflects an improvement in Aris Mining's earnings outlook, which is expected to positively impact its stock price [4][6]. Impact of Earnings Estimate Revisions - There is a strong correlation between changes in earnings estimates and near-term stock price movements, influenced by institutional investors who adjust their valuations based on these estimates [5][7]. - Rising earnings estimates for Aris Mining suggest an improvement in the company's underlying business, which should lead to higher stock prices as investors respond positively [6]. Performance of Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [8]. - Aris Mining's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [10][11]. Earnings Estimate Details - For the fiscal year ending December 2025, Aris Mining is expected to earn $1.17 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 26.7% over the past three months [9].

Core Viewpoint - Aris Mining Corporation (ARMN) shows potential for significant upside, with a mean price target of $9.31 indicating a 32.1% increase from its current trading price of $7.05 [1][11]. Price Targets and Analyst Estimates - The mean estimate consists of four short-term price targets with a standard deviation of $0.61, suggesting a consensus among analysts [2]. - The lowest price target of $8.72 indicates a 23.7% increase, while the highest target of $10.08 suggests a 43% increase [2]. - A low standard deviation indicates strong agreement among analysts regarding the stock's price movement [9]. Earnings Estimates and Analyst Optimism - Analysts have shown strong agreement in revising earnings per share (EPS) estimates higher, which correlates with potential stock price increases [11]. - Over the past 30 days, one estimate has increased, leading to a 5.2% rise in the Zacks Consensus Estimate for the current year [12]. - ARMN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13]. Conclusion on Price Targets - While the consensus price target may not be a reliable indicator of the extent of ARMN's potential gains, it does provide a useful guide for understanding price movement direction [14].

Aris Mining Corporation is a member of our Basic Materials group, which includes 238 different companies and currently sits at #8 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Aris Mining Corporation (ARMN) is a stock that can certainly grab ...

Core Viewpoint - Aris Mining Corporation (ARMN) presents an attractive investment opportunity due to its low valuation compared to industry peers and strong operational performance, particularly in the context of rising gold prices [1][6][11]. Valuation and Performance - ARMN is trading at a forward price/earnings ratio of 4.58X, which is approximately 63% lower than the Zacks Mining – Gold industry average of 12.39X [1][6]. - The company's stock has increased by 54.4% over the past year, outperforming the industry growth of 33.7% and the S&P 500's increase of 11.3% [4][6]. - ARMN's strong operational performance is highlighted by an 8% year-over-year increase in gold production for the first quarter and a 13% increase for the first half of 2025 compared to the same period in 2024 [12][13]. Growth Initiatives - The Segovia Operations in Colombia are a key contributor to ARMN's production growth, with expansion projects expected to increase output significantly [13][14]. - ARMN aims to achieve an annual production rate of approximately 500,000 ounces of gold from its Segovia Operations and Marmato Complex [14][15]. - The company is also diversifying its asset portfolio with projects like Soto Norte and Toroparu, which are in various stages of development [15]. Market Conditions - Gold prices have risen by roughly 26% this year, reaching a peak of $3,500 per ounce in April 2025, driven by global trade tensions and central bank purchases [16]. - Current gold prices are above $3,300 per ounce, which is expected to enhance ARMN's profitability and cash flow generation [16]. Financial Health - ARMN has a strong balance sheet with a cash balance of $240 million and generated $40 million in cash flow in the first quarter, supporting its expansion initiatives [17]. - The company has also raised over $19.4 million from the exercise of in-the-money warrants, further strengthening its financial position [17]. Cost Considerations - ARMN reported an increase in all-in-sustaining costs (AISC) per ounce, with AISC rising to $1,570 in the first quarter, indicating a decline in cost efficiency [18][19]. - The increase in costs is attributed to higher expenses related to purchased mill feed, royalties, and inflationary pressures in Colombia [19]. Earnings Outlook - Earnings estimates for ARMN have been revised upward, with a projected year-over-year increase of 244.1% for 2025 and 73.1% for 2026 [21].

Core Viewpoint - Aris Mining Corporation is reminding warrant holders that their TSX-listed warrants will expire on July 29, 2025, and any unexercised warrants will become void [1][2]. Warrant Exercise Summary - The warrants are currently "in-the-money" with an effective exercise price of C$5.50 per share, compared to a closing share price of C$9.46 on July 8, 2025 [2]. - Approximately 48.2% of the warrants have been exercised, generating C$77.0 million (approximately US$56 million) for the company [2][5]. - If all remaining outstanding warrants are exercised, Aris Mining would receive an additional C$83.0 million (approximately US$61 million) [2][5]. Financial Position - The CEO of Aris Mining stated that the expiry of the warrants simplifies the capital structure, eliminating legacy convertible instruments and resulting in a stronger balance sheet with over US$310 million in cash as of June 30 [3]. Company Overview - Aris Mining was founded in September 2022, focusing on becoming a leading gold mining company in Latin America, combining current production with growth through expansions and exploration [6]. - The company operates two underground gold mines in Colombia, targeting an annual production rate of over 500,000 ounces of gold following recent expansions [7][9]. Future Plans - Aris Mining is pursuing acquisitions and growth opportunities to enhance value through scale and diversification [10].

Core Viewpoint - Aris Mining Corporation has signed a definitive asset purchase agreement with McFarlane Lake Mining Limited for the sale of the Juby Gold Project in Ontario, Canada, valued at US$22 million [1][2][4]. Company Overview - Aris Mining is focused on building a leading gold mining company in Latin America, with operations in Colombia and Guyana [5][6]. - The company operates two underground gold mines in Colombia, producing 210,955 ounces of gold in 2024, and aims to increase annual production to over 500,000 ounces [6][8]. Transaction Details - The Juby Gold Project includes Aris Mining's 100% interest in the project and a 25% joint venture interest in the adjacent Knight property [2]. - The total consideration for the transaction is US$22 million, consisting of US$10 million in cash at closing, common shares of McFarlane, and potential additional payments within 12 months if necessary [7][4]. - The completion of the transaction is contingent upon McFarlane raising at least US$10 million in gross proceeds and meeting other customary closing conditions [4]. Strategic Focus - The sale of the Juby Gold Project aligns with Aris Mining's strategy to concentrate on core operations in Latin America, while McFarlane aims to enhance its portfolio and shareholder value through this acquisition [3][10].

Core Viewpoint - Aris Mining Corporation reported a 13% increase in gold production for H1 2025 compared to H1 2024, driven by the successful commissioning of the expanded Segovia mill and an expected stronger production in the second half of the year [1][3]. Production and Sales Summary - Gold production for H1 2025 reached 113,415 ounces, up from 99,983 ounces in H1 2024, reflecting a 13% increase [1][6]. - Total sales for H1 2025 were 115,305 ounces, a 15% increase from 100,513 ounces in H1 2024 [1][6]. - Q2 2025 gold production was 58,652 ounces, a 7% increase over Q1 2025 [6]. - Q2 2025 gold sales were 61,024 ounces, a 12% increase over Q1 2025 [6]. Segovia Operations - Segovia Operations produced 99,076 ounces in H1 2025, a 12% increase compared to 88,613 ounces in H1 2024 [3][6]. - In Q2 2025, Segovia Operations processed 168,000 tonnes with an average gold grade of 9.85 g/t and recoveries of 96.1% [4]. - Gold produced from Segovia in Q2 2025 was 51,527 ounces, up from 47,549 ounces in Q1 2025 [4]. Marmato Narrow Vein Zone - Marmato Narrow Vein Zone produced 14,339 ounces in H1 2025, a 26% increase from 11,370 ounces in H1 2024 [3][6]. - In Q2 2025, Marmato processed 73,000 tonnes with an average gold grade of 3.35 g/t and recoveries of 90.2% [5]. - Gold produced from Marmato in Q2 2025 was 7,125 ounces, slightly down from 7,214 ounces in Q1 2025 [5]. Future Outlook - The company is targeting an annual production rate of over 500,000 ounces following the Segovia mill expansion and the construction of the Bulk Mining Zone at Marmato, expected to ramp up in H2 2026 [8]. - The company is also pursuing partnerships with Colombia's small-scale mining sector to enhance operational safety and environmental responsibility [9].

Core Viewpoint - The installation of a second mill at Segovia is a significant advancement in Aris Mining's growth strategy, aiming for an annual production rate exceeding 500,000 ounces of gold from its operations [2]. Company Overview - Aris Mining was founded in September 2022 with a focus on becoming a leading gold mining company in Latin America, combining current production with growth through asset expansions and exploration [3]. - The company operates two underground gold mines in Colombia: Segovia Operations and Marmato Complex, which produced a total of 210,955 ounces of gold in 2024 [4]. Production Expansion - The second mill at Segovia is expected to increase gold production in the second half of 2025, with full-year production projected between 210,000 to 250,000 ounces, up from 187,583 ounces in 2024 [2]. - As underground development progresses and mill feed purchases from contract mining partners increase, Segovia is on track to achieve an annual production of 300,000 ounces in 2026 [2]. Future Projects - Aris Mining is also developing the Bulk Mining Zone at the Marmato Complex, with production ramp-up expected in the second half of 2026 [4]. - The company is conducting studies for a new development plan at the Soto Norte joint venture, with results anticipated in Q3 2025 [4]. - In Guyana, Aris Mining owns the Toroparu gold/copper project, with a new Preliminary Economic Assessment (PEA) commissioned and results expected in Q3 2025 [4]. Strategic Partnerships - Aris Mining is actively pursuing partnerships with Colombia's small-scale mining sector to promote safe, legal, and environmentally responsible operations that benefit local communities [5]. - The company aims to explore acquisitions and growth opportunities to enhance value through scale and diversification [5].

Core Insights - Aris Mining Corporation (ARMN) has a robust balance sheet with a cash balance of approximately $240 million at the end of Q1, enabling it to finance development projects effectively [1][7] - The company generated $40 million in cash flow during Q1 after accounting for sustaining capital and taxes, allowing it to fund key projects internally and reduce financing risk [2][7] - ARMN shares have increased by 96.9% year-to-date, outperforming the Zacks Mining – Gold industry, which rose by 52.9% [5][7] Financial Performance - ARMN's cash flow generation and cash reserves support ongoing projects such as Segovia mill expansion and Marmato Lower Mine construction [2][7] - The company is trading at a forward 12-month earnings multiple of 4.61, which is about 65% lower than the industry average of 13.19 [8] - The Zacks Consensus Estimate indicates a significant year-over-year earnings increase of 226.5% for 2025 and 80.6% for 2026, with EPS estimates trending higher over the past 60 days [10]

Core Insights - Aris Mining Corporation (ARMN) and B2Gold Corp. (BTG) are both international gold mining companies with operations in the Americas, focusing on emerging markets [1] - Gold prices have increased approximately 26% this year, reaching a peak of $3,500 per ounce in April 2025, driven by geopolitical tensions and central bank purchases [2] - Both companies are positioned to benefit from the favorable gold price environment, but they face challenges from rising costs [24] Aris Mining Highlights - Aris Mining has shown an 8% year-over-year increase in gold production for Q1, aiming for a full-year production guidance of 230,000 to 275,000 ounces [4][8] - The Segovia Operations in Colombia are crucial for production growth, with expansion projects expected to increase production rates significantly in the second half of 2025 [5] - The company has a strong balance sheet with a cash balance of $240 million and generated $40 million in cash flow in Q1, supporting its growth initiatives [7] - However, Aris Mining's all-in-sustaining costs (AISC) increased to $1,570 per ounce, indicating a decline in cost efficiency [8][9] B2Gold Highlights - B2Gold is on track to produce between 970,000 and 1,075,000 ounces of gold in 2025, benefiting from new projects like the Goose Project and the Gramalote Project [12][13] - The company has a solid financial position with cash and cash equivalents of $330 million and a low long-term debt-to-capitalization ratio of 11.4% [14] - B2Gold offers a dividend yield of 2.2% and has a payout ratio of 44%, indicating a commitment to returning value to shareholders [14] - The company's AISC rose to $1,533 per ounce, reflecting cost inflation pressures across its operations [15] Stock Performance and Valuation - Year-to-date, Aris Mining's stock has increased by 89.1%, while B2Gold's stock has risen by 45.9%, compared to the Zacks Mining – Gold industry's increase of 56.6% [16] - Aris Mining is trading at a forward 12-month earnings multiple of 4.44, which is a 67.2% discount to the industry average of 13.52X [19] - B2Gold is trading at a forward earnings multiple of 7.15, which is below the industry average but at a premium to Aris Mining [20] Earnings Growth Estimates - The Zacks Consensus Estimate for Aris Mining's 2025 sales and EPS indicates a year-over-year growth of 55.7% and 226.5%, respectively [21] - B2Gold's 2025 sales and EPS estimates imply year-over-year growth of 56.2% and 231.3%, respectively [22]