National Bank Financial Equities Analysts Reduce Earnings Estimates for Aris Mining Co. (NYSE:ARMN)

Aris Mining Co. (NYSE:ARMN) – Analysts at National Bank Financial cut their FY2025 earnings estimates for Aris Mining in a research report issued on Thursday, April 18th. National Bank Financial analyst D. Demarco now expects that the company will post earnings per share of $0.56 for the year, down from their prior forecast of $0.65. The consensus estimate for Aris Mining’s current full-year earnings is $0.62 per share.

Separately, TheStreet downgraded Aris Mining from a “c” rating to a “d+” rating in a research report on Monday, March 18th.

Aris Mining Trading Up 3.1 %

Shares of ARMN stock opened at $3.94 on Monday. The firm has a market capitalization of $583.83 million and a P/E ratio of 197.00. Aris Mining has a 1 year low of $2.16 and a 1 year high of $3.97. The firm’s fifty day simple moving average is $3.29 and its 200 day simple moving average is $3.03. The company has a current ratio of 2.15, a quick ratio of 1.86 and a debt-to-equity ratio of 0.55.

Aris Mining (NYSE:ARMN) last issued its quarterly earnings results on Wednesday, March 6th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.07). Aris Mining had a net margin of 2.09% and a return on equity of 8.73%. The business had revenue of $124.98 million during the quarter.

Hedge Funds Weigh In On Aris Mining

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC bought a new position in shares of Aris Mining in the fourth quarter valued at approximately $380,000. Scotia Capital Inc. acquired a new stake in Aris Mining in the 3rd quarter valued at about $27,000. Sprott Inc. bought a new position in shares of Aris Mining in the third quarter worth about $33,000. Citadel Advisors LLC acquired a new position in shares of Aris Mining during the fourth quarter worth approximately $56,000. Finally, Private Advisor Group LLC bought a new stake in shares of Aris Mining during the third quarter valued at approximately $45,000. 35.81% of the stock is owned by institutional investors.

About Aris Mining

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.