Cormark Research Analysts Raise Earnings Estimates for Aris Mining Corporation (TSE:ARI)

Aris Mining Corporation (TSE:ARIFree Report) – Cormark boosted their FY2024 earnings per share estimates for Aris Mining in a research report issued on Thursday, May 16th. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $0.97 for the year, up from their prior estimate of $0.88. Cormark also issued estimates for Aris Mining’s FY2025 earnings at $2.05 EPS.

Aris Mining Price Performance

Aris Mining (TSE:ARIGet Free Report) last posted its quarterly earnings results on Wednesday, March 6th. The company reported C$0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.18 by C($0.06). The company had revenue of C$170.17 million for the quarter.

Insider Buying and Selling

In related news, Senior Officer Oliver Dachsel acquired 25,799 shares of the firm’s stock in a transaction on Thursday, April 4th. The stock was purchased at an average cost of C$3.68 per share, with a total value of C$94,940.32. In related news, Director Serafino Iacono sold 61,000 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of C$4.52, for a total transaction of C$275,982.30. Also, Senior Officer Oliver Dachsel purchased 25,799 shares of the business’s stock in a transaction that occurred on Thursday, April 4th. The shares were purchased at an average price of C$3.68 per share, for a total transaction of C$94,940.32.

Aris Mining Company Profile

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Apollo Commercial Real Estate Finance, Inc (NYSE: ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, Inc, a leading global alternative investment manager with approximately $433 billion of assets under management at September 30, 2020.

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Earnings History and Estimates for Aris Mining (TSE:ARI)

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