Aris Mining Corporation (T:ARIS)
Business Focus: Gold Mining
| Sector: Basic Materials | Industry: Gold |
| Company Contact | |
| Address: | 425 Hornby Street VANCOUVER BC V6C 2Y2 |
| Tel: | N/A |
| Website: | https://www.aris-mining.com |
| IR: | See website |
| Key People | ||
| Neil Woodyer Chief Executive Officer, Director | Alejandro Jimenez Country Manager, Colombia | Richard J. Orazietti Chief Financial Officer |
| Richard Thomas Chief Operating Officer | Douglas Bowlby Executive Vice President | Oliver Dachsel Senior Vice President, Capital Markets |
| Pamela De Mark Senior Vice President - Geology and Exploration | Giovanna Romero Senior Vice President - Corporate Affairs and Sustainability | Ashley Baker General Counsel, Corporate Secretary | Robert Eckford Head of Finance |
| Business Overview |
| Aris Mining Corporation is a Canada-based company, which is primarily engaged in the acquisition, exploration, development and operation of gold properties in Colombia, Guyana and Canada. The Company operates the Segovia Operations and Marmato Mine in Colombia. The Segovia Operations are located 180 kilometers (km) northeast of Medellin in the Segovia-Remedios mining district of Antioquia, Colombia. The Marmato mine is located in the Marmato gold district in the Caldas Department, a mountainous region approximately 80 km south of Medellin, Colombia. The Company is also the operator and 20% owner of the Soto Norte Project. The project is located within the traditional mining area of California, Vetas, which is located approximately 350 km north of Bogota and 55 km northeast of the city of Bucaramanga. The Company also owns the Toroparu Project in Guyana and the Juby Project, which covers an area of approximately 42,817 hectares and is located in the Cuyuni-Mazaruni Region of Guyana. |
| Financial Overview |
| For the three months ended 31 March 2024, Aris Mining Corp revenues increased 11% to $107.6M. Net loss decreased 86% to $744K. Revenues reflect Segovia Operations segment increase of 8% to $95.7M, Marmato Project segment increase of 48% to $11.9M. Lower net loss reflects Equity Earnings -Before Taxe decrease of 83% to $551K (expense), Foreign exchange gain (loss) increase from $2.3M (expense) to $108K (income). |
| Employees: | 3,326 as of Dec 31, 2022 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $1,134M as of Mar 31, 2024 |
| Annual revenue (TTM): | $623.82M as of Mar 31, 2024 |
| EBITDA (TTM): | $197.15M as of Mar 31, 2024 |
| Net annual income (TTM): | $21.88M as of Mar 31, 2024 |
| Free cash flow (TTM): | -$60.67M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $313.24M as of Mar 31, 2024 |
| Shares outstanding: | 152,155,769 as of May 14, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.