Aris Mining (ARIS)
NYSE:ARIS
Earnings Data
Report Date
May 07, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.61Last Year’s EPS
0.16Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong operational and financial momentum: sizable production growth, record revenue and earnings, conversion to free cash flow, on-time/on-budget completion of Segovia expansion, and clear project progress at Marmato. Key risks and headwinds were acknowledged—unscheduled Segovia downtime in Q4, higher consolidated AISC driven by elevated gold prices and project-specific cost increases, and substantial near-term CapEx requirements tied to Marmato, Toroparu and Soto Norte. Overall, the positive operational execution, large earnings and cash-flow improvements, and strengthened balance sheet and liquidity materially outweigh the manageable execution and capital intensity risks.Company Guidance
Material Production Growth
Consolidated gold production increased 22% year-over-year to 257,000 ounces in 2025, with Segovia production up 21% to 228,000 ounces driven by the second mill commissioning and higher average feed grade (9.82 g/t, +4.4% vs 2024). 2026 guidance of 300,000–350,000 ounces (midpoint >25% growth) and a pathway to ~500,000 oz once Segovia and Marmato are fully ramped.
Record Financial Performance
Gold revenue of $909 million (+82% vs $499M in 2024). Adjusted EBITDA of $464 million (+185% vs $163M in 2024). Adjusted net earnings of $241 million ($1.28 per share) — up 265% from $56M ($0.35) in 2024. Cash balance ended at $392 million (up from $252M).
Transition to Free Cash Flow
Generated $322 million operating cash flow after sustaining capital and taxes and $127 million of free cash flow for full-year 2025 despite significant growth spending. Additional liquidity included $150 million proceeds from warrant exercises and $13 million from the sale of Juby Gold Project.
Strong Margin Performance at Segovia and CMP
Segovia owner-mining AISC margin contribution totaled $421 million (+158% vs 2024). CMP contractor-sourced gold delivered a 44% AISC sales margin, outperforming 35%–40% guidance. Segovia owner mining AISC averaged $1,534/oz (+3% vs $1,486/oz in 2024).
Completed Segovia Mill Expansion On Time and On Budget
Second Segovia mill commissioned in June 2025 on time and within budget, enabling higher milling rates (17% increase in milling rates) and recoveries remained steady at 96%.
Marmato Construction Progressing Ahead of Schedule
Marmato bulk mining zone development reported ahead of schedule: main decline >1,000 meters advanced (60% complete for decline), Los Indios crosscut progressing, major surface civil/mechanical works completed and major processing equipment staged for site. First gold from new CIP plant on track for Q4 2026.
Strong Balance Sheet and Reduced Leverage
Net debt of $86 million, total leverage reduced to ~1x (2 turns lower vs Q4 2024). No meaningful debt maturities until October 2029 and stable credit ratings (B1 / B+ / B-).
Corporate/Strategic Milestones
Uplisted to the NYSE main board and unified U.S. ticker to ARIS, enhancing visibility and liquidity. Company acquired the remaining stake in Soto Norte (100% ownership of core assets) and published technical studies for Soto Norte and Toroparu, supporting growth plans toward 1 million oz potential.
ARIS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ARIS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 11, 2026 | $19.71 | $19.26 | -2.28% |
Oct 29, 2025 | $9.34 | $10.10 | +8.14% |
Aug 07, 2025 | $8.01 | $7.46 | -6.87% |
May 07, 2025 | $5.81 | $5.85 | +0.69% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Aris Mining (ARIS) report earnings?
Aris Mining (ARIS) is schdueled to report earning on May 07, 2026, After Close (Confirmed).
What is Aris Mining (ARIS) earnings time?
Aris Mining (ARIS) earnings time is at May 07, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is ARIS EPS forecast?
ARIS EPS forecast for the fiscal quarter 2026 (Q1) is 0.61.