Aris Mining (NYSE:ARIS – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.05), reports. Aris Mining had a return on equity of 22.82% and a net margin of 22.43%.
Aris Mining Stock Performance
Aris Mining stock traded up $1.34 on Wednesday, hitting $15.77. The company’s stock had a trading volume of 2,888,810 shares, compared to its average volume of 1,665,054. The firm has a market cap of $3.26 billion, a P/E ratio of 11.43 and a beta of 0.18. The company has a fifty day moving average price of $17.99 and a 200-day moving average price of $17.78. Aris Mining has a one year low of $9.55 and a one year high of $23.29. The company has a quick ratio of 1.68, a current ratio of 1.91 and a debt-to-equity ratio of 0.26.
Wall Street Analysts Forecast Growth
ARIS has been the subject of several recent research reports. Wall Street Zen lowered shares of Aris Mining from a “buy” rating to a “hold” rating in a research note on Saturday, October 10th. Weiss Ratings raised shares of Aris Mining from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, September 18th. Finally, Zacks Research downgraded shares of Aris Mining from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 28th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold”.
Get Our Latest Research Report on Aris Mining
Aris Mining Company Profile
Aris Mining Corporation is a gold mining company focused on the exploration, development and operation of mineral properties in Latin America. The company’s primary product is gold, with silver produced as a byproduct at certain operations.
Aris Mining’s principal assets are in Colombia, including the Segovia Operations in Antioquia and the Marmato mining complex in Caldas. Segovia is an established underground mining district with processing facilities, while Marmato includes existing operations and development opportunities intended to support long-term production.
The company also has exploration and development interests in Guyana, including the Toroparu project.
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