Aris Mining (ARIS) AI Stock Analysis

• Market Cap: C$1.54B
• Dividend Yield: N/A
• Average Volume (3M): 591.50K
• Price to Earnings (P/E): 37.9
• Beta (1Y): 1.35
• Revenue Growth: 26.36%
• EPS Growth: 69.74%
• Country: CA
• Employees: 2,081
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Other Precious Metals
• EPS (TTM): 0.22
• Shares Outstanding: 178,100,000
• 10 Day Avg. Volume: 718,286
• 30 Day Avg. Volume: 591,498
• PEG Ratio: 2.63
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -74.92
• Enterprise Value/Market Cap: 0.84
• Enterprise Value/Revenue: 0.64
• Enterprise Value/Gross Profit: 6.56
• Enterprise Value/Ebitda: 2.28
• 1Y Price Target: C$10.08
• Price Target Upside: 14.42% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 73 Outperform
• Price Target: C$10.50 ▲(19.18%Upside)

Aris Mining's score is primarily driven by its strong earnings performance and strategic growth initiatives, as highlighted in the latest earnings call. Financial performance and technical indicators also contribute positively, although high valuation and certain cost pressures present challenges.

Positive Factors

Expansion Projects

The Segovia expansion is on track for completion and expected to ramp up, significantly increasing production levels.

Financial Position

Aris successfully priced senior notes providing additional financial flexibility and received a milestone payment, enhancing its financial position.

Valuation

Aris is trading at 0.14x NAV vs. junior producer peers at 0.60x, indicating an inexpensive valuation.

Negative Factors

Project Timing

The resolution allows the Ministry of Environment to evaluate water resources in the area and temporarily suspend the issuance of environmental licenses for two years.

Regulatory Delays

The Colombian Ministry of Environment has completed the public consultation process in respect to establishing a Temporary Reserve Area where the Soto Norte Project is located, which may delay the start of construction for Soto Norte to 2029.

Aris Mining Business Overview & Revenue Model

Company Description

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. It also owns interest in the Zancudo project located in the Titiribí mining district of Antioquia. In addition, the company holds interests in the Marmato project in Colombia; Juby project located in Ontario, Canada; and Toroparu project in the western Guyana gold district. The company was formerly known as Gran Colombia Gold Corp. and changed its name to GCM Mining Corp. in November 2021. The company was formerly known as GCM Mining Corp. and changed its name to Aris Mining Corporation on September 26, 2022. Aris Mining Corporation is headquartered in Toronto, Canada.

How the Company Makes Money

Aris Mining makes money primarily through the sale of gold and other precious metals extracted from its mining operations. The company's revenue is generated by selling these metals at market prices, which can fluctuate based on global supply and demand dynamics. Key revenue streams include the sale of mined gold and by-products such as silver. Additionally, Aris Mining may engage in strategic partnerships or joint ventures to enhance its operational capabilities and expand its mining footprint, thus contributing to its earnings. The company's profitability is influenced by factors such as production costs, metal prices, and operational efficiency.

Aris Mining Financial Statement Overview

Summary

Aris Mining exhibits a positive financial trajectory with strong revenue growth and improved profitability margins. The balance sheet is stable, supported by a balanced leverage and strong equity. While cash flow performance is improving, the company faces challenges in converting earnings into free cash flow due to capital expenditures. Overall, the financial health of Aris Mining is solid with room for further enhancement in profitability and cash management.

Income Statement

Aris Mining demonstrated solid revenue growth with a notable increase of 9.77% TTM over the previous year. The gross profit margin improved to 35.19% TTM, indicating effective cost management. The net profit margin also increased to 4.94% TTM, reflecting enhanced profitability. However, the EBIT margin decreased slightly to 26.84% TTM, suggesting some operational cost pressures.

Balance Sheet

The company's financial leverage is moderate with a debt-to-equity ratio of 0.63 TTM, indicating a balanced capital structure. Return on equity improved to 3.29% TTM, which is a positive sign of profitability but still relatively low. The equity ratio stands at 40.44% TTM, suggesting a strong equity foundation.

Cash Flow

Free cash flow showed improvement, reducing its deficit significantly TTM compared to previous periods. The operating cash flow to net income ratio is favorable at 6.84 TTM, indicating strong cash generation relative to net income. However, the free cash flow to net income ratio remains negative, highlighting ongoing capital expenditures impacting free cash flow.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
560.51M	510.60M	447.67M	399.96M	382.61M	390.92M
	Gross Profit
197.25M	161.69M	185.91M	171.95M	170.05M	192.20M
	EBIT
150.48M	117.44M	108.83M	124.66M	138.40M	154.94M
	EBITDA
158.28M	140.73M	122.22M	119.55M	168.85M	160.76M
	Net Income Common Stockholders
27.69M	24.58M	11.42M	622.00K	186.23M	-27.57M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
239.83M	252.53M	194.62M	299.46M	323.56M	122.51M
	Total Assets
2.08B	1.99B	1.35B	1.24B	998.38M	650.57M
	Total Debt
527.45M	520.57M	382.93M	436.06M	318.07M	145.15M
	Net Debt
287.62M	268.04M	188.30M	136.60M	-5.49M	22.64M
	Total Liabilities
950.88M	911.40M	728.22M	740.75M	519.86M	454.34M
	Stockholders Equity
841.24M	798.57M	624.65M	501.38M	478.53M	153.71M
Cash Flow		Free Cash Flow
-13.43M	-40.21M	-9.02M	-38.05M	17.09M	73.58M
	Operating Cash Flow
189.35M	141.24M	104.70M	76.95M	80.55M	136.38M
	Investing Cash Flow
-221.16M	-198.77M	-180.28M	-54.58M	-229.72M	-72.31M
	Financing Cash Flow
128.90M	121.29M	-33.33M	-39.32M	359.67M	-23.61M

Aris Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.81
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ARIS, the sentiment is Positive. The current price of 8.81 is above the 20-day moving average (MA) of 8.67, above the 50-day MA of 7.86, and above the 200-day MA of 6.34, indicating a bullish trend. The MACD of 0.36 indicates Positive momentum. The RSI at 55.53 is Neutral, neither overbought nor oversold. The STOCH value of 29.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ARIS.

Aris Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ASM	74 Outperform	C$707.91M	34.66	10.93%	―	58.11%	761.96%
ARIS	73 Outperform	C$1.54B	37.94	3.74%	―	26.36%	69.74%
GGD	66 Neutral	$745.22M	155.70	1.21%	―	74.02%	―
EDR	61 Neutral	C$1.78B	―	-14.41%	―	4.45%	-3193.40%
Sector *	51 Neutral	$2.02B	-1.19	-21.37%	3.64%	2.88%	-30.57%
ABRA	41 Neutral	C$664.41M	―	-67.76%	―	―	-16.69%
SLS	31 Underperform	$1.00B	―	-9999.00%	―	―	-69.63%

Aris Mining Corporate Events

Aris Mining Reports Record Q1 2025 Earnings and Operational Growth

Aris Mining Corporation reported a strong start to 2025 with record adjusted earnings per share of $0.16, driven by high gold prices and solid operational performance. The company saw significant financial growth, with a 47% increase in gold revenue compared to Q1 2024 and a 134% rise in adjusted EBITDA. Operationally, gold production increased by 8% year-over-year, and the company is on track with its expansion projects, including the Segovia plant expansion and Marmato Lower Mine development, which are expected to boost production further in the second half of 2025.

Aris Mining Achieves 8% Growth in Q1 2025 Gold Production

Aris Mining reported an 8% year-over-year increase in gold production for Q1 2025, totaling 54,763 ounces from its Segovia and Marmato operations. The company anticipates further production growth with the expansion of the Segovia processing facility, set to be commissioned in Q2 2025. Aris Mining’s full-year production guidance for 2025 is between 230,000 to 275,000 ounces, reflecting strong operational momentum and strategic growth initiatives.

Aris Mining Announces Record Q4 2024 Results and Expansion Plans

Aris Mining reported record financial results for Q4 2024, with the highest quarterly gold production of 57,364 ounces and a substantial increase in EBITDA and net income. The company is expanding its Marmato project by 25%, aiming for a production ramp-up in 2026, and is on track to commission an expanded processing facility at Segovia in Q2 2025, which is expected to significantly boost future production.