Cormark Issues Pessimistic Forecast for Aris Mining Earnings

Aris Mining Co. (NYSE:ARMN) – Equities researchers at Cormark cut their Q1 2025 earnings per share (EPS) estimates for shares of Aris Mining in a report issued on Monday, March 17th. Cormark analyst R. Gray now expects that the company will earn $0.19 per share for the quarter, down from their prior forecast of $0.20. The consensus estimate for Aris Mining’s current full-year earnings is $0.36 per share. Cormark also issued estimates for Aris Mining’s Q2 2025 earnings at $0.19 EPS, Q3 2025 earnings at $0.23 EPS, Q4 2025 earnings at $0.28 EPS, FY2025 earnings at $0.89 EPS and FY2026 earnings at $1.64 EPS.

Aris Mining Stock Performance

Shares of ARMN opened at $4.50 on Thursday. The business’s 50 day moving average is $3.90 and its two-hundred day moving average is $4.12. Aris Mining has a 52-week low of $3.18 and a 52-week high of $5.16. The firm has a market cap of $773.33 million, a price-to-earnings ratio of -225.00 and a beta of 0.23. The company has a quick ratio of 1.13, a current ratio of 1.45 and a debt-to-equity ratio of 0.32.

Institutional Investors Weigh In On Aris Mining

Institutional investors and hedge funds have recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Aris Mining by 6.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,503,600 shares of the company’s stock valued at $11,587,000 after acquiring an additional 160,500 shares in the last quarter. Jane Street Group LLC raised its position in shares of Aris Mining by 55.3% during the 3rd quarter. Jane Street Group LLC now owns 411,553 shares of the company’s stock valued at $1,908,000 after acquiring an additional 146,580 shares in the last quarter. Stifel Financial Corp raised its position in shares of Aris Mining by 60.4% during the 3rd quarter. Stifel Financial Corp now owns 540,544 shares of the company’s stock valued at $2,486,000 after acquiring an additional 203,586 shares in the last quarter. Geode Capital Management LLC acquired a new stake in shares of Aris Mining during the 3rd quarter valued at approximately $360,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Aris Mining during the 3rd quarter valued at approximately $600,000. 35.81% of the stock is owned by institutional investors and hedge funds.

About Aris Mining

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.