Aris Mining Q4 EPS Estimate Cut by National Bank Financial

Aris Mining Co. (NYSE:ARMN) – Equities research analysts at National Bank Financial reduced their Q4 2024 earnings per share (EPS) estimates for shares of Aris Mining in a report issued on Monday, February 10th. National Bank Financial analyst D. Demarco now forecasts that the company will earn $0.17 per share for the quarter, down from their prior forecast of $0.18. The consensus estimate for Aris Mining’s current full-year earnings is $0.36 per share. National Bank Financial also issued estimates for Aris Mining’s FY2025 earnings at $1.02 EPS.

Aris Mining (NYSE:ARMN) last released its quarterly earnings results on Tuesday, November 12th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.06). Aris Mining had a positive return on equity of 4.97% and a negative net margin of 0.66%. The business had revenue of $134.72 million during the quarter.

Aris Mining Stock Up 3.5 %

ARMN stock opened at $4.16 on Thursday. Aris Mining has a twelve month low of $2.75 and a twelve month high of $5.16. The company has a current ratio of 1.45, a quick ratio of 1.13 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $711.40 million, a P/E ratio of -208.00 and a beta of 0.16. The firm has a 50 day simple moving average of $3.71 and a 200-day simple moving average of $4.16.

Institutional Trading of Aris Mining

Institutional investors and hedge funds have recently bought and sold shares of the company. PDT Partners LLC acquired a new stake in shares of Aris Mining during the 3rd quarter valued at approximately $59,000. Centiva Capital LP acquired a new stake in shares of Aris Mining during the third quarter worth $84,000. Virtu Financial LLC raised its holdings in shares of Aris Mining by 66.6% during the third quarter. Virtu Financial LLC now owns 22,279 shares of the company’s stock worth $102,000 after purchasing an additional 8,909 shares during the period. Raymond James Financial Inc. bought a new position in shares of Aris Mining in the 4th quarter worth about $128,000. Finally, XTX Topco Ltd acquired a new position in shares of Aris Mining in the 3rd quarter valued at about $129,000. Institutional investors and hedge funds own 35.81% of the company’s stock.

Aris Mining Company Profile

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.