Aris Mining Corporation (ARMN) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between ...

Group 1 - Aris Mining Corporation (ARMN) closed at $5.73, with a 5.3% gain over the past four weeks, and a mean price target of $8.29 indicating a 44.7% upside potential [1] - The average price targets range from a low of $7.02 to a high of $10.08, with a standard deviation of $1.40, suggesting a 22.5% increase at the lowest estimate and a 75.9% upside at the highest [2] - Analysts show strong agreement on ARMN's ability to report better earnings than previously predicted, which supports the potential for stock upside [4][11] Group 2 - The Zacks Consensus Estimate for ARMN's current year earnings has increased by 20.5% over the last 30 days, with two estimates moving higher and no negative revisions [12] - ARMN holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential for near-term upside [13]

Core Viewpoint - Aris Mining Corporation held its Annual General Meeting (AGM) where significant voting results were reported, including the election of directors and the appointment of auditors [1][2][3]. Voting Results - A total of 63,558,598 shares, representing 36.85% of the outstanding shares, were represented at the AGM [2]. - The following directors were elected with their respective votes: - Ian Telfer: 58,151,832 votes (91.49% for) [2] - Neil Woodyer: 63,318,201 votes (99.62% for) [2] - Germán Arce: 62,829,373 votes (98.85% for) [2] - Daniela Cambone: 61,326,536 votes (96.49% for) [2] - Mónica de Greiff: 61,658,111 votes (97.01% for) [2] - David Garofalo: 59,144,721 votes (93.06% for) [2] - Gonzalo Hernández: 52,541,364 votes (82.67% for) [2] - Attie Roux: 61,660,728 votes (97.01% for) [2]. Appointment of Auditors - KPMG LLP was appointed as the auditor for the 2025 fiscal year, with remuneration to be determined by the Board [3]. - KPMG received 62,140,740 votes (97.77% for) during the appointment process [4]. Company Overview - Aris Mining was founded in September 2022, focusing on becoming a leading gold mining company in Latin America [5]. - The company operates two underground gold mines in Colombia, producing 210,955 ounces of gold in 2024, with plans to increase annual production to over 500,000 ounces by ramping up operations in the Segovia and Marmato mines [6]. - Aris Mining is also involved in a joint venture for the Soto Norte project and owns the Toroparu gold/copper project in Guyana, with ongoing studies and assessments [6][7].

Condensed Consolidated Interim Financial Statements For the three months ended March 31, 2025 and 2024 (expressed in thousands of United States dollars) (Unaudited) Condensed Consolidated Interim Statements of Financial Position (Unaudited, Expressed in thousands of US dollars) | | | | | March 31, | December 31, | | --- | --- | --- | --- | --- | --- | | | | Notes | | 2025 | 2024 | | ASSETS | | | | | | | Current | | | | | | | Cash and cash equivalents | | | $ | 239,831 $ | 252,535 | | Gold in trust | | 11c | ...

Core Insights - Aris Mining Corporation reported strong financial and operational results for Q1 2025, driven by record gold prices and solid production performance, achieving adjusted earnings per share (EPS) of $0.16, the highest since its formation in September 2022 [1][7][8] Financial Performance - Gold production totaled 54,763 ounces, an 8% increase from 50,767 ounces in Q1 2024, contributing to 22% of the FY 2025 production guidance range of 230,000 to 275,000 ounces [8] - Gold revenue reached $154.1 million, a 47% increase over Q1 2024 and a 4% increase over Q4 2024 [7] - Adjusted EBITDA for Q1 was $66.6 million, up 134% from Q1 2024 and 20% from Q4 2024, with trailing 12-month adjusted EBITDA at $201.3 million [7][8] - Net earnings were $2.4 million, compared to a loss of $0.7 million in Q1 2024, while adjusted net earnings were $27.2 million or $0.16 per share, up from $0.04 per share in Q1 2024 [7][8] Operational Performance - At Segovia, gold production was 47,549 ounces with an average gold grade of 9.37 g/t and recoveries of 96.1% [6][8] - The all-in sustaining cost (AISC) margin increased to $60.9 million, a 114% increase over Q1 2024, while owner mining AISC was $1,482 per ounce [8][9] - The average realized gold price was $2,855 per ounce sold, compared to $2,062 in Q1 2024 [6][8] Growth and Expansion Initiatives - The company invested $43 million in growth initiatives during Q1 2025, with significant allocations to the Marmato Lower Mine and Segovia plant expansion [17] - The Segovia plant expansion is on track for commissioning in June 2025, targeting an increase to 3,000 tonnes per day [17] - The Marmato Lower Mine construction is progressing, with a planned increase in processing plant capacity from 4,000 to 5,000 tonnes per day [17] Capital Structure - As of March 31, 2025, Aris Mining had a cash balance of $240 million and net debt of $250 million, resulting in a net leverage ratio of 1.2x [7][13] - The company has received over $19.4 million from warrant exercises year-to-date, strengthening its balance sheet [11][12]

Core Viewpoint - Aris Mining Corporation is undergoing a leadership transition with Richard Orazietti stepping down as CFO and Cameron Paterson set to take over in July 2025, reflecting the company's commitment to strong financial governance and growth strategy [1][2]. Group 1: Leadership Transition - Richard Orazietti will resign as CFO after Q1 2025 reporting, with Cameron Paterson joining as the new CFO in July 2025 [1]. - Neil Woodyer, CEO of Aris Mining, expressed gratitude for Orazietti's contributions and welcomed Paterson, highlighting his relevant experience from Pan American Silver Corp. [2]. Group 2: Cameron Paterson's Background - Cameron Paterson has extensive financial leadership experience in the mining sector, having served in executive roles at Pan American Silver since 2015 [3]. - He holds a Chartered Professional Accountant designation and degrees in Economics and Accounting from the University of Victoria and the University of British Columbia, respectively [4]. Group 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 asset expansion and exploration [5]. - The company operates two underground gold mines in Colombia, producing 210,955 ounces of gold in 2024, with plans to increase annual production to over 500,000 ounces by ramping up operations in the coming years [6]. - Aris Mining is also pursuing partnerships with Colombia's small-scale mining sector to promote safe and environmentally responsible operations [7].

Core Viewpoint - Aris Mining Corporation is set to release its Q1 2025 financial results on May 7, 2025, followed by a conference call on May 8, 2025, to discuss these results [1][2]. Company Overview - Aris Mining was founded in September 2022 with a focus on becoming a leading gold mining company in Latin America, emphasizing production, cash flow generation, and transformational growth through asset expansions and exploration [4]. - The company operates two underground gold mines in Colombia, the Segovia Operations and the Marmato Upper Mine, which produced a total of 210,955 ounces of gold in 2024 [5]. - Aris Mining aims to increase its annual gold production to over 500,000 ounces, driven by the Segovia mill expansion expected in the second half of 2025 and the new Marmato Mine ramp-up anticipated in H2 2026 [5]. Strategic Initiatives - The company is pursuing partnerships with Colombia's small-scale mining sector to promote safe, legal, and environmentally responsible operations that benefit local communities [6]. - Aris Mining also holds a 51% stake in the Soto Norte joint venture, where a new development plan is under study, with results expected in mid-2025 [5]. - Additionally, the company owns the Toroparu gold/copper project in Guyana, further diversifying its asset portfolio [5].

Gold Market Overview - Gold prices have reached all-time highs, surpassing $3,050 per ounce in March 2025, driven by fears of trade wars and a flight to safety, with a year-to-date increase of 15% as tracked by the SPDR Gold Shares ETF [1] Company Analysis: Newmont - Newmont, the world's largest gold miner, has seen its stock rise by 27.2% year-to-date as of March 21, 2025, significantly outperforming the S&P 500 index, which is down 3.77% [2] - In 2024, Newmont produced 6.8 million ounces of gold, with a cash position of $3 billion and liquidity of $9 billion, trading at a P/E of 16.12 and a dividend yield of 2.12% [4][8] - Despite gold prices hitting record highs, Newmont's stock is not trading near its all-time highs, indicating potential for further growth [2] Company Analysis: Freeport-McMoRan - Freeport-McMoRan is a major producer of both gold and copper, with a stock forecast indicating a 24.89% upside potential [5] - In 2024, Freeport produced 1.9 million ounces of gold and 4.2 billion pounds of copper, but its shares were only up 5.7% year-to-date as of March 21, 2025 [7] Company Analysis: Kinross Gold - Kinross Gold operates with an all-in-sustaining cost (AISC) of $1,360 per ounce, below the industry average of $1,400 to $1,500, indicating efficient operations [10] - The company expects a full-year 2024 gold equivalent production of 2.1 million ounces and closed the year with $611 million in cash and $2.3 billion in liquidity [10][11] Company Analysis: Aris Mining - Aris Mining is a low-priced Canadian gold mining stock, with an AISC of $1,485 per ounce and a production of 210,955 ounces of gold in 2024 [15] - The company is scaling up capacity and expects total production in 2025 to range between 230,000 and 275,000 ounces, up from 211,000 in the previous year [15]

Core Viewpoint - Aris Mining Corporation (ARMN) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with near-term stock price movements [4][6]. - For the fiscal year ending December 2025, Aris Mining Corporation is expected to earn $0.99 per share, reflecting a 191.2% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Aris Mining Corporation has increased by 9.4% [8]. Institutional Investor Influence - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [4][5]. - The upgrade in earnings estimates for Aris Mining Corporation suggests an improvement in its underlying business, likely resulting in increased stock prices due to investor interest [5][10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a 'Strong Buy' or 'Buy' rating [9][10]. - The upgrade of Aris Mining Corporation to a 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].

Although Aris Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The Comp ...