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Aris Mining (ARMN)
:ARMN
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Earnings Data
Report Date
Mar 18, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.18Last Year’s EPS
0.09Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 13, 2018
|% Change Since: -9.36%
|Next Earnings Date:Aug 14, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong operational performance with increased gold production and improved financial metrics. The company successfully enhanced its cash position and financing structure. However, a net loss was reported due to financial instrument losses, and costs increased for mill feed and social contributions.Company Guidance
In the Q3 2024 earnings call for Aris Mining, the executives provided a comprehensive update on the company's operational and financial performance. Notably, the company reported a production of 53,600 ounces of gold in Q3, marking a 9% increase from Q2, supported by higher gold prices and cost control measures, leading to a 37% rise in the all-in sustaining margin at Segovia to $44 million. For the 12 months ending September 30, the adjusted EBITDA was $147 million, with an adjusted net income of $43 million. The expansion of the Segovia facility is underway, aiming to increase capacity from 2,000 to 3,000 tonnes per day by Q1 2025, with Phase 1 already completed. Additionally, the Marmato Lower Mine project reached a 25% spend milestone, and a $40 million installment was received from Wheaton Precious Metals. Aris Mining also strengthened its cash position by refinancing $300 million in notes with a new $450 million at 8% notes, extending debt maturity to 2029, with a target annual gold production rate of 500,000 ounces by the second half of 2026.Increased Gold Production
Produced 53,600 ounces of gold in Q3, a 9% increase over Q2.
Improved Financial Metrics
37% increase in all-in sustaining margin at Segovia, reaching $44 million compared to $32 million in Q2.
Strong Cash Position
Pro forma cash position increased to $266 million following recent financing activities.
Successful Financing
Refinanced $300 million notes with new $450 million notes, extending debt maturity to 2029.
Marmato Lower Mine Progress
Construction on track with 25% spend milestone reached, and $40 million received from Wheaton in cash installment.
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ARMN 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
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ARMN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $4.06 | $3.83 | -5.67% |
| Aug 13, 2024 | $4.24 | $4.04 | -4.72% |
| May 14, 2024 | $4.47 | $4.01 | -10.29% |
| Mar 06, 2024 | $3.10 | $3.18 | +2.61% |
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.
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FAQ
When does Aris Mining (ARMN) report earnings?
Aris Mining (ARMN) is schdueled to report earning on Mar 18, 2025, TBA Not Confirmed.
What is Aris Mining (ARMN) earnings time?
Aris Mining (ARMN) earnings time is at Mar 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ARMN EPS forecast?
ARMN EPS forecast for the fiscal quarter 2024 (Q4) is 0.18.
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