Cormark Has Pessimistic Outlook of Aris Mining Q1 Earnings

Aris Mining Co. (NYSE:ARMN - Free Report) - Research analysts at Cormark dropped their Q1 2025 earnings per share estimates for shares of Aris Mining in a research report issued on Tuesday, April 22nd. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.13 for the quarter, down from their prior estimate of $0.23. The consensus estimate for Aris Mining's current full-year earnings is $0.36 per share.

Aris Mining Price Performance

Shares of Aris Mining stock traded down $0.15 during trading hours on Thursday, reaching $5.31. 481,945 shares of the company's stock were exchanged, compared to its average volume of 563,713. The business has a fifty day moving average of $4.58 and a two-hundred day moving average of $4.19. The company has a quick ratio of 1.13, a current ratio of 1.45 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $911.66 million, a P/E ratio of -265.75 and a beta of -0.46. Aris Mining has a 1 year low of $3.29 and a 1 year high of $5.84.

Institutional Trading of Aris Mining

A number of hedge funds have recently bought and sold shares of ARMN. Virtu Financial LLC grew its position in shares of Aris Mining by 66.6% in the third quarter. Virtu Financial LLC now owns 22,279 shares of the company's stock valued at $102,000 after purchasing an additional 8,909 shares in the last quarter. Orion Resource Partners LP acquired a new position in Aris Mining during the fourth quarter worth $86,000. Cambridge Investment Research Advisors Inc. acquired a new position in Aris Mining during the first quarter worth $116,000. TD Waterhouse Canada Inc. grew its holdings in Aris Mining by 210,416.7% in the 4th quarter. TD Waterhouse Canada Inc. now owns 25,262 shares of the company's stock valued at $86,000 after buying an additional 25,250 shares in the last quarter. Finally, Barclays PLC increased its stake in shares of Aris Mining by 1,344.0% in the 3rd quarter. Barclays PLC now owns 34,656 shares of the company's stock worth $160,000 after acquiring an additional 32,256 shares during the last quarter. Institutional investors and hedge funds own 35.81% of the company's stock.

Aris Mining Company Profile

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.