Latest news with #ARMN
Yahoo
6 days ago
- Business
- Yahoo
Aris Mining Corp (ARMN) Q2 2025 Earnings Call Highlights: Record Earnings and Strong Cash ...
Net Adjusted Earnings: $48 million or $0.27 per share, highest since September 2022. Gold Revenue: $200 million, up 30% over Q1 2025. Adjusted EBITDA: $264 million for the trailing 12 months. Cash Position: $310 million at the end of Q2, including $54 million from exercised warrants. Free Cash Flow from Operations: $38 million in Q2. All-in Sustaining Cost Margin: $87 million from Segovia, up 43% from Q1 2025. Gold Production: 58,700 ounces in Q2, a 7% increase from Q1 2025. All-in Sustaining Cost: $1,520 per ounce in Q2. Total Leverage: 1.8 times; Net Leverage: 0.7 times as of June 30, 2025. Market Capitalization: $1.5 billion as of August 4, 2025. Warning! GuruFocus has detected 8 Warning Signs with ARMN. Release Date: August 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Aris Mining Corp (ARMN) reported record adjusted earnings of $48 million or $0.27 per share, marking the highest quarter since its formation in September 2022. Q2 gold revenue increased by 30% over Q1, totaling $200 million. The company ended the quarter with a strong cash position of $310 million, bolstered by $150 million from warrant exercises. The installation and commissioning of the second ball mill at Segovia was completed on time and within budget, increasing processing capacity by 50%. Aris Mining Corp (ARMN) is on track to meet its 2025 guidance, with increased production capacity and a supportive gold price environment. Negative Points The company experienced significant non-cash earnings volatility due to warrant revaluation, resulting in a $51 million non-cash loss on financial instruments. Challenges were encountered in the Marmato Bulk Mining Zone due to poor ground conditions and water ingress, affecting decline development rates. The company's share price increase led to a $45 million non-cash loss from warrant revaluation, impacting reported net loss. The decline development at Marmato is not on the critical path, but challenges remain until crossing a fault zone 200 meters ahead. Despite strong financial performance, the company faces uncertainties related to gold price fluctuations affecting contract mining margins. Q & A Highlights Q: Can you provide more details on Segovia's production expectations for the second half of the year? A: Richard Thomas, Chief Operating Officer, explained that as they open new scoping areas and gain access to the surface, they expect to be well within the guidance range of 210,000 to 250,000 ounces. A modest increase is expected in Q3, with a more significant increase in Q4. Q: The contract mining partners are trending above guidance. What factors are influencing this, and could the margin range change? A: Richard Thomas noted that the margins are linked to the gold price, which is unpredictable. The payment to partners is on a sliding scale based on the grade delivered and the gold price. The guidance is a good estimate for the year's end. Q: What should we expect for capital spending on the Marmato expansion in the second half of the year? A: Richard Thomas stated that the estimate to completion remains at $283 million, but he would need to calculate the specific spending for the second half and provide that information later. Q: How is the company addressing the challenges faced in the Marmato decline development? A: Richard Thomas mentioned that they are transitioning the work to their skilled owner team, which has already shown positive results. The decline development is not on the critical path for delivering the first ore, as they have access to the bulk mining zone from the existing narrow vein zone. Q: Can you elaborate on the impact of warrant exercises on the company's financials? A: Cameron Paterson, Chief Financial Officer, explained that the warrant exercises generated significant cash proceeds, strengthening liquidity. However, they also introduced non-cash earnings volatility due to market revaluations. With the warrants expired, this source of volatility is removed from future earnings. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Aris Mining Corp (ARMN) Q2 2025 Earnings Call Highlights: Record Earnings and Strong Cash ...
Net Adjusted Earnings: $48 million or $0.27 per share, highest since September 2022. Gold Revenue: $200 million, up 30% over Q1 2025. Adjusted EBITDA: $264 million for the trailing 12 months. Cash Position: $310 million at the end of Q2, including $54 million from exercised warrants. Free Cash Flow from Operations: $38 million in Q2. All-in Sustaining Cost Margin: $87 million from Segovia, up 43% from Q1 2025. Gold Production: 58,700 ounces in Q2, a 7% increase from Q1 2025. All-in Sustaining Cost: $1,520 per ounce in Q2. Total Leverage: 1.8 times; Net Leverage: 0.7 times as of June 30, 2025. Market Capitalization: $1.5 billion as of August 4, 2025. Warning! GuruFocus has detected 8 Warning Signs with ARMN. Release Date: August 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Aris Mining Corp (ARMN) reported record adjusted earnings of $48 million or $0.27 per share, marking the highest quarter since its formation in September 2022. Q2 gold revenue increased by 30% over Q1, totaling $200 million. The company ended the quarter with a strong cash position of $310 million, bolstered by $150 million from warrant exercises. The installation and commissioning of the second ball mill at Segovia was completed on time and within budget, increasing processing capacity by 50%. Aris Mining Corp (ARMN) is on track to meet its 2025 guidance, with increased production capacity and a supportive gold price environment. Negative Points The company experienced significant non-cash earnings volatility due to warrant revaluation, resulting in a $51 million non-cash loss on financial instruments. Challenges were encountered in the Marmato Bulk Mining Zone due to poor ground conditions and water ingress, affecting decline development rates. The company's share price increase led to a $45 million non-cash loss from warrant revaluation, impacting reported net loss. The decline development at Marmato is not on the critical path, but challenges remain until crossing a fault zone 200 meters ahead. Despite strong financial performance, the company faces uncertainties related to gold price fluctuations affecting contract mining margins. Q & A Highlights Q: Can you provide more details on Segovia's production expectations for the second half of the year? A: Richard Thomas, Chief Operating Officer, explained that as they open new scoping areas and gain access to the surface, they expect to be well within the guidance range of 210,000 to 250,000 ounces. A modest increase is expected in Q3, with a more significant increase in Q4. Q: The contract mining partners are trending above guidance. What factors are influencing this, and could the margin range change? A: Richard Thomas noted that the margins are linked to the gold price, which is unpredictable. The payment to partners is on a sliding scale based on the grade delivered and the gold price. The guidance is a good estimate for the year's end. Q: What should we expect for capital spending on the Marmato expansion in the second half of the year? A: Richard Thomas stated that the estimate to completion remains at $283 million, but he would need to calculate the specific spending for the second half and provide that information later. Q: How is the company addressing the challenges faced in the Marmato decline development? A: Richard Thomas mentioned that they are transitioning the work to their skilled owner team, which has already shown positive results. The decline development is not on the critical path for delivering the first ore, as they have access to the bulk mining zone from the existing narrow vein zone. Q: Can you elaborate on the impact of warrant exercises on the company's financials? A: Cameron Paterson, Chief Financial Officer, explained that the warrant exercises generated significant cash proceeds, strengthening liquidity. However, they also introduced non-cash earnings volatility due to market revaluations. With the warrants expired, this source of volatility is removed from future earnings. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
25-06-2025
- Business
- Yahoo
ARMN vs. BTG: Which Gold Mining Stock is the Better Pick Now?
Aris Mining Corporation ARMN and B2Gold Corp. BTG are international gold mining companies that have operations and projects in the Americas with growing portfolios in emerging markets. While Aris Mining is more concentrated in Colombia, B2Gold has an exposure to that South American country with its Gramalote project. Although gold prices have fallen from their April 2025 peak, they remain favorable, aided by geopolitical tensions, and are currently hovering above the $3,300 per ounce level. Against this backdrop, comparing these two gold producers is particularly relevant for investors seeking exposure to the precious metals prices have rallied roughly 26% this year, largely attributable to aggressive trade policies, including sweeping new import tariffs announced by President Donald Trump that have intensified global trade tensions and heightened investor anxiety. Also, central banks worldwide have been accumulating gold reserves, led by risks arising from Trump's policies. Prices of the yellow metal catapulted to a record high of $3,500 per ounce on April 22. Increased purchases by central banks and geopolitical tensions are factors expected to help the yellow metal sustain the rally. Let's dive deep and closely compare the fundamentals of these two gold miners to determine which one is a better investment now. Aris Mining is rapidly establishing itself as a formidable player in the Latin American gold mining sector. Since its inception in September 2022, the company has demonstrated a strong blend of operational efficiency and strategic expansion. Aris Mining logged a notable 8% year-over-year increase in gold production for the first quarter, underscoring its operational momentum. It positions ARMN favorably for achieving its full-year production guidance of 230,000 to 275,000 ounces. The Segovia Operations in Colombia, a cornerstone of Aris Mining's portfolio, is a key contributor to the company's production upside. ARMN is advancing its expansion projects, including the Segovia mill expansion and the development of the Marmato Lower Mine, which are expected to further drive its production. Production rates are expected to crank up in the second half of 2025, following the commissioning of the Segovia plant expansion to 3,000 tons per day, with ARMN targeting an annual production rate of roughly 500,000 ounces of gold. At the Marmato Lower Mine, construction is progressing, targeting a processing capacity of 5,000 tons per day, with the ramp-up scheduled to start in the back half of 2026. Aris Mining also holds a 51% stake in the Soto Norte project in Colombia and fully owns the Toroparu project in Guyana, further diversifying its asset portfolio. A pre-feasibility study is underway at Soto Norte with an expected completion in the third quarter of 2025. At Toroparu, the company has launched a new study to update the development plan. As ARMN progresses with its expansion initiatives, it is well-placed to achieve its ambitious production targets and strengthen its standing in the Latin American gold mining Mining boasts a strong balance sheet and generates substantial cash flows, which allows it to finance its development projects. The company ended the first quarter with a healthy cash balance of $240 million. ARMN also successfully obtained more than $19.4 million from the exercise of in-the-money warrants, bolstering its balance sheet for future investments and supporting Segovia and Marmato expansions. In the first quarter, the company generated $40 million in cash flow after accounting for sustaining capital and income taxes, allowing it to fund most of its strategic growth and expansion initiatives. ARMN does not currently pay a the company's rising costs play spoilsport. It reported an increase in its first-quarter all-in-sustaining costs (AISC) per ounce, a key indicator of cost efficiency in mining. The Segovia Operations reported AISC of $1,570 per ounce, up from $1,485 per ounce in the prior quarter and $1,434 per ounce in the year-ago quarter, indicating a deterioration of cost efficiency. Consolidated AISC increased around 6% year over year to $1,667 per ounce. B2Gold is poised to benefit from its ongoing strategy of maximizing profitable mine production, moving forward with its remaining development and exploration projects, and evaluating additional exploration, development and production company completed the 2024 Winter Ice Road ('WIR') campaign in the second quarter of 2024 and has delivered all necessary items that will enable the completion of construction of the Goose Project in the second quarter of 2025. The Goose Project is on track to pour first gold in the second quarter of 2025, reach commercial production in the third quarter and contribute 120,000-150,000 ounces of gold in 2025. B2Gold expects gold production from the project to be around 310,000 ounces per year for the first six years of operation. A feasibility study on the 100% owned Gramalote Project in Colombia is also targeted for completion in mid-2025. Gramalote has a significant production profile with average annual gold production of 234,000 ounces for the first five years over a 12.5-year project remains on track to meet total gold production expectations of 970,000-1,075,000 ounces for 2025. The company's production in 2024 was 804,778 ounces (including 19,644 attributable ounces from Calibre Mining Corp.). For the Fekola Complex, the company expects a significant year-over-year increase in gold production in 2025 due to the addition of higher-grade ore from Fekola underground and Fekola Regional in the second half of company also has a strong financial position and liquidity with cash and cash equivalents of $330 million at the end of the first quarter of 2025. It had $800 million remaining available for future drawdowns under its revolving credit facility. Its long-term debt-to-capitalization is around 11.4%, lower than ARMN's 30.5%. BTG also offers a dividend yield of 2.2% at the current stock price. It has a payout ratio of 44%, with a five-year annualized dividend growth rate of about 1.8%. BTG, however, remains hamstrung by cost inflation. It reported a roughly 14% year-over-year increase in the consolidated AISC of $1,533 per ounce in the first quarter. B2Gold is witnessing cost inflation pressure across all sites, which is impacting input prices, including reagents, fuel and consumables. Higher costs are anticipated to weigh on the company's near-term margins. Year to date, Aris Mining stock has gained 89.1%, while B2Gold stock has rallied 45.9% compared with the Zacks Mining – Gold industry's increase of 56.6%. Image Source: Zacks Investment Research Aris Mining is currently trading at a forward 12-month earnings multiple of 4.44. This represents a roughly 67.2% discount when stacked up with the industry average of 13.52X. Image Source: Zacks Investment Research B2Gold is trading at a premium to Aris Mining. The BTG stock is currently trading at a forward 12-month earnings multiple of 7.15, below the industry. Image Source: Zacks Investment Research The Zacks Consensus Estimate for ARMN's 2025 sales and EPS implies a year-over-year rise of 55.7% and 226.5%, respectively. The EPS estimates for 2025 have been trending higher over the past 60 days. Image Source: Zacks Investment Research The consensus estimate for BTG's 2025 sales and EPS implies year-over-year growth of 56.2% and 231.3%, respectively. The EPS estimates for 2025 have been trending northward over the past 60 days. Image Source: Zacks Investment Research (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Both ARMN and BTG currently have a Zacks Rank #3 (Hold), so picking one stock is not easy. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks Aris Mining and B2Gold are well-positioned to leverage the current favorable gold price environment. Both remain focused on executing development projects, have solid financial health and strong earnings growth prospects, and are seeing favorable estimate revisions. On the flip side, both are facing headwinds from higher costs. BTG's healthy dividend yield and higher earnings growth projections suggest that it may offer better investment prospects in the current market environment. BTG's lower leverage also suggests lower financial risks. Investors seeking exposure to the gold space might consider B2Gold as the more favorable option at this time. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report B2Gold Corp (BTG) : Free Stock Analysis Report Aris Mining Corporation (ARMN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Yahoo
18-06-2025
- Business
- Yahoo
Has Aris Mining Corporation (ARMN) Outpaced Other Basic Materials Stocks This Year?
For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Aris Mining Corporation (ARMN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question. Aris Mining Corporation is one of 233 individual stocks in the Basic Materials sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Aris Mining Corporation is currently sporting a Zacks Rank of #1 (Strong Buy). Over the past three months, the Zacks Consensus Estimate for ARMN's full-year earnings has moved 24% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Our latest available data shows that ARMN has returned about 95.7% since the start of the calendar year. In comparison, Basic Materials companies have returned an average of 9%. As we can see, Aris Mining Corporation is performing better than its sector in the calendar year. Another Basic Materials stock, which has outperformed the sector so far this year, is Coeur Mining (CDE). The stock has returned 61.2% year-to-date. The consensus estimate for Coeur Mining's current year EPS has increased 89.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Aris Mining Corporation belongs to the Mining - Gold industry, which includes 39 individual stocks and currently sits at #51 in the Zacks Industry Rank. On average, this group has gained an average of 56.3% so far this year, meaning that ARMN is performing better in terms of year-to-date returns. On the other hand, Coeur Mining belongs to the Mining - Non Ferrous industry. This 11-stock industry is currently ranked #87. The industry has moved +0.6% year to date. Aris Mining Corporation and Coeur Mining could continue their solid performance, so investors interested in Basic Materials stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Aris Mining Corporation (ARMN) : Free Stock Analysis Report BioCryst Pharmaceuticals, Inc. (BCRX) : Free Stock Analysis Report Coeur Mining, Inc. (CDE) : Free Stock Analysis Report Walgreens Boots Alliance, Inc. (WBA) : Free Stock Analysis Report Liberty Media Corporation - Liberty Formula One Series A (FWONA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
19-05-2025
- Business
- Yahoo
5 Value Stocks With High Earnings Yield for Handsome Gains
Despite recent market gains driven by easing U.S.-China trade tensions, softer inflation, and strong first-quarter 2025 results, uncertainty still lingers. While investor optimism has improved, the broader narrative remains mixed. Many companies are issuing cautious outlooks or withdrawing guidance altogether. This reflects ongoing concerns about rising costs, subdued consumer demand and shaken business confidence — factors rooted in the global trade tensions sparked by President Trump's tariff policies. Although some of the worst tariff fears appear to be behind us, the risk hasn't been fully eliminated. With 10% tariffs as a new baseline, trade-related pressures could resurface. As the year progresses, economic indicators and earnings reports are likely to reveal more of the tariffs' long-term effects. Given this backdrop, volatility hasn't fully vanished, and the current rally appears fragile. In such an environment, value investing may remain a sound strategy. It offers a margin of safety by focusing on fundamentally strong companies trading below their intrinsic worth, which can provide resilience amid market fluctuations and macroeconomic uncertainty. Aris Mining Corporation ARMN, LATAM Airlines Group LTM, Priority Technology Holdings Inc. PRTH, Heritage Insurance Holdings Inc. HRTG and Pagaya Technologies Ltd. PGY are a few value stocks with high earnings yield. Earnings yield is an interesting ratio that you can consider for ferreting out attractively valued stocks. This metric, expressed in percentage, is calculated as annual earnings per share (EPS) divided by market price. This metric measures the anticipated yield (or return) from earnings for each dollar invested in a stock today. While comparing stocks, if other factors are similar, the ones with higher earnings yield are considered undervalued, while those with lower earnings yield are seen as overpriced. While earnings yield is nothing but the reciprocal of the P/E ratio, it is albeit a little more illuminating than the traditional P/E ratio as it also facilitates the comparison of stocks with fixed-income securities. Investors often compare the earnings yield of a stock to the prevailing interest rates, such as the current 10-year Treasury yield, to get a sense of the return on investment it offers compared to virtually risk-free returns. If the yield on a stock is lower than the 10-year Treasury yield, it would be considered overvalued relative to bonds. Conversely, if the yield on the stock is higher, it would be considered undervalued. In this situation, investing in the stock market would be a better option for a value investor. We have set an Earnings Yield greater than 10% as our primary screening criterion but it alone cannot be used for picking stocks that have the potential to generate solid returns. So, we have added the following parameters to the screen: Estimated EPS growth for the next 12 months greater than or equal to the S&P 500: This metric compares the 12-month forward EPS estimate with the 12-month actual EPS. Average Daily Volume (20 Day) greater than or equal to 100,000: High trading volume implies that a stock has adequate liquidity. Current Price greater than or equal to $5. Buy-Rated Stocks: Stocks with a Zacks Rank #1 (Strong Buy) or 2 (Buy) have been known to outperform peers in any type of market environment. You can see the complete list of today's Zacks #1 Rank stocks here. We have highlighted five of the 53 stocks that qualified the screen: Aris Mining is a gold producer primarily in the United States. The Zacks Consensus Estimate for the company's 2025 and 2026 earnings implies year-over-year growth of 226.5% and 80.6%, respectively. Estimates for 2025 and 2026 earnings per share have moved up by 11 cents and 34 cents, respectively, over the past seven days. Aris Mining currently sports a Zacks Rank #1 and has a Value Score of A. LATAM Airlines offers domestic and international passenger and cargo air services. The Zacks Consensus Estimate for the company's 2025 and 2026 earnings implies year-over-year growth of 27.5% and 20%, respectively. Estimates for 2025 and 2026 earnings per share have moved up by 75 cents and 49 cents, respectively, over the past 30 days. LATAM Airlines currently sports a Zacks Rank #1 and has a Value Score of A. Priority Technology operates as a payment technology company in the United Zacks Consensus Estimate for the company's 2025 and 2026 earnings implies year-over-year growth of 108% and 34%, respectively. Estimates for 2025 and 2026 earnings per share have moved up by 2 cents and 9 cents, respectively, over the past 30 days. Priority Technology currently sports a Zacks Rank #1 and has a Value Score of A. Heritage Insurance provides personal and commercial residential insurance products. The Zacks Consensus Estimate for Equinox Gold's 2025 and 2026 earnings implies year-over-year growth of 62% and 13%, respectively. Estimates for 2025 and 2026 earnings per share have moved up by 82 cents and 55 cents, respectively, over the past 30 days. Heritage Insurance currently sports a Zacks Rank #1 and has a Value Score of B. Pagaya Technologies is focused on building artificial intelligence infrastructure for the financial ecosystem. The Zacks Consensus Estimate for the company's 2025 and 2026 earnings implies year-over-year growth of 195% and 28%, respectively. Estimates for 2025 and 2026 earnings per share have moved up by 72 cents each over the past 30 days. Pagaya Technologies currently sports a Zacks Rank #1 and has a Value Score of B. You can get the rest of the stocks on this list by signing up now for a 2-week free trial to the Research Wizard stock picking and backtesting software. You can also create your own strategies and test them first before making investments. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today. Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report LATAM Airlines Group S.A. (LTM) : Free Stock Analysis Report Heritage Insurance Holdings, Inc. (HRTG) : Free Stock Analysis Report Priority Technology Holdings, Inc. (PRTH) : Free Stock Analysis Report Pagaya Technologies Ltd. (PGY) : Free Stock Analysis Report Aris Mining Corporation (ARMN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
