Aris Mining (OTC:TPRFF) Trading Down 0.5%

Aris Mining Co. (OTC:TPRFF – Get Rating) was down 0.5% during mid-day trading on Thursday . The stock traded as low as $2.77 and last traded at $2.83. Approximately 22,556 shares traded hands during trading, a decline of 49% from the average daily volume of 44,178 shares. The stock had previously closed at $2.85.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TPRFF. BMO Capital Markets began coverage on Aris Mining in a research note on Thursday, February 23rd. They set an “outperform” rating for the company. Canaccord Genuity Group lifted their target price on Aris Mining from C$6.50 to C$7.50 and gave the stock a “buy” rating in a report on Monday, December 12th. Finally, National Bank Financial raised their price target on Aris Mining from C$5.25 to C$6.75 in a research report on Tuesday, February 14th.

Aris Mining Price Performance

The stock has a 50 day simple moving average of $3.10 and a 200 day simple moving average of $2.68.

About Aris Mining

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Aris Mining Corporation together with its subsidiaries, engages in the acquisition, exploration, development, and operation of gold and silver properties primarily in Colombia. The company holds interests in the Segovia operations comprising the El Silencio, Providencia, and Sandra K underground mines located in Colombia.