Latest news with #ArisMiningCorporation
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
Yahoo
16-05-2025
- Business
- Yahoo
Earnings Estimates Moving Higher for Aris Mining Corporation (ARMN): Time to Buy?
Aris Mining Corporation (ARMN) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. Consensus earnings estimates for the next quarter and full year have moved considerably higher for Aris Mining Corporation, as there has been strong agreement among the covering analysts in raising estimates. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The company is expected to earn $0.31 per share for the current quarter, which represents a year-over-year change of +287.5%. Over the last 30 days, one estimate has moved higher for Aris Mining Corporation compared to no negative revisions. As a result, the Zacks Consensus Estimate has increased 57.9%. The company is expected to earn $1.11 per share for the full year, which represents a change of +226.47% from the prior-year number. In terms of estimate revisions, the trend for the current year also appears quite encouraging for Aris Mining Corporation. Over the past month, two estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 20.45%. The promising estimate revisions have helped Aris Mining Corporation earn a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. Aris Mining Corporation shares have added 5.3% over the past four weeks, suggesting that investors are betting on its impressive estimate revisions. So, you may consider adding it to your portfolio right away to benefit from its earnings growth prospects. 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 This article originally published on Zacks Investment Research ( Zacks Investment Research
Cision Canada
15-05-2025
- Business
- Cision Canada
ARIS MINING ANNOUNCES RESULTS OF 2025 ANNUAL GENERAL MEETING
VANCOUVER, BC, May 15, 2025 /CNW/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) reports voting results from its Annual General Meeting of shareholders (the Meeting) held earlier today. AGM Voting Results Shareholders holding 63,558,598 shares, being 36.85% of the outstanding shares of the Company, were represented virtually or by proxy at the Meeting. The voting results from the Meeting are as follows: Election of Directors The following directors were elected to the Company's Board: Appointment of Auditors KPMG LLP was appointed as the auditor of the Company for the 2025 fiscal year, with their remuneration to be set by the Board. About Aris Mining Founded in September 2022, Aris Mining was established with a vision to build a leading Latin America-focused gold mining company. Our strategy blends current production and cashflow generation with transformational growth driven by expansions of our operating assets, exploration and development projects. Aris Mining is listed on the TSX (ARIS) and the NYSE-A (ARMN) and is led by an experienced team with a track record of value creation, operational excellence, financial discipline and good corporate governance in the gold mining industry. Aris Mining operates two underground gold mines in Colombia: the Segovia Operations and the Marmato Upper Mine, which together produced 210,955 ounces of gold in 2024. With expansions underway, Aris Mining is targeting an annual production rate of more than 500,000 ounces of gold following the ramp-up of the Segovia mill expansion, expected during the second half of 2025, and the new Marmato Mine, which is expected to start ramping up in H2 2026. In addition, Aris Mining operates the 51% owned Soto Norte joint venture, where studies are underway on a new, smaller scale development plan, with results expected by mid-2025. In Guyana, Aris Mining owns the Toroparu gold/copper project, where a new Preliminary Economic Assessment (PEA) has been commissioned. Colombia is rich in high-grade gold deposits and Aris Mining is actively pursuing partnerships with the Country's dynamic small-scale mining sector. With these partnerships, we enable safe, legal, and environmentally responsible operations that benefit both local communities and the industry. Aris Mining intends to pursue acquisitions and other growth opportunities to unlock value through scale and diversification. Additional information on Aris Mining can be found at and on Cautionary Language Forward-Looking Information This news release contains "forward-looking information" or forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including, without limitation, statements included in the "About Aris Mining" section of this news release are forward-looking. Generally, the forward-looking information and forward looking statements can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "will continue" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The material factors or assumptions used to develop forward looking information or statements are disclosed throughout this news release. Forward looking information and forward looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Aris Mining to be materially different from those expressed or implied by such forward-looking information or forward looking statements, including but not limited to those factors discussed in the section entitled "Risk Factors" in Aris Mining's annual information form dated March 12, 2025 which is available on SEDAR+ at and in the Company's filings with the SEC at Although Aris Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The Company has and continues to disclose in its Management's Discussion and Analysis and other publicly filed documents, changes to material factors or assumptions underlying the forward-looking information and forward-looking statements and to the validity of the information, in the period the changes occur. The forward-looking statements and forward-looking information are made as of the date hereof and Aris Mining disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information.
Yahoo
14-05-2025
- Business
- Yahoo
3 TSX Stocks Estimated To Be 25% To 32% Below Intrinsic Value
As trade tensions ease with new agreements and the Bank of Canada maintains a neutral monetary policy, the Canadian market is experiencing a period of cautious optimism. In this environment, identifying stocks that are trading below their intrinsic value can be an advantageous strategy for investors looking to capitalize on potential market inefficiencies. Name Current Price Fair Value (Est) Discount (Est) K92 Mining (TSX:KNT) CA$13.33 CA$23.69 43.7% Docebo (TSX:DCBO) CA$36.94 CA$61.80 40.2% Badger Infrastructure Solutions (TSX:BDGI) CA$42.60 CA$76.80 44.5% Enterprise Group (TSX:E) CA$1.71 CA$3.08 44.5% VersaBank (TSX:VBNK) CA$15.47 CA$30.62 49.5% Lithium Royalty (TSX:LIRC) CA$5.43 CA$8.51 36.2% Tantalus Systems Holding (TSX:GRID) CA$2.45 CA$4.74 48.3% Kits Eyecare (TSX:KITS) CA$11.60 CA$22.45 48.3% Tidewater Midstream and Infrastructure (TSX:TWM) CA$0.215 CA$0.38 43.2% CAE (TSX:CAE) CA$36.09 CA$57.11 36.8% Click here to see the full list of 19 stocks from our Undervalued TSX Stocks Based On Cash Flows screener. Here's a peek at a few of the choices from the screener. Overview: Aris Mining Corporation, with a market cap of CA$1.46 billion, is involved in the acquisition, exploration, development, and operation of gold properties in Canada, Colombia, and Guyana. Operations: Aris Mining Corporation generates its revenue through the acquisition, exploration, development, and operation of gold properties located in Canada, Colombia, and Guyana. Estimated Discount To Fair Value: 26.5% Aris Mining's recent financial performance highlights its potential as an undervalued stock based on cash flows. The company reported Q1 2025 sales of US$157.53 million, a significant increase from the previous year, with net income rising to US$2.37 million from a loss previously. Despite shareholder dilution, Aris is trading at CA$8.45, below the estimated fair value of CA$11.5, and forecasts suggest robust earnings growth significantly outpacing the Canadian market average over the next three years. The analysis detailed in our Aris Mining growth report hints at robust future financial performance. Click here and access our complete balance sheet health report to understand the dynamics of Aris Mining. Overview: Kinaxis Inc. offers cloud-based subscription software for supply chain operations across the United States, Europe, Asia, and Canada, with a market cap of CA$5.44 billion. Operations: The company generates revenue from its software and programming segment, amounting to $496.53 million. Estimated Discount To Fair Value: 25% Kinaxis is trading at CA$192.44, below its estimated fair value of CA$256.47, suggesting it may be undervalued based on cash flows. Despite a decline in net profit margins from 3.4% to 2%, the company forecasts robust earnings growth of 74.8% annually, outpacing the Canadian market's average growth rate. Recent strategic partnerships and product innovations enhance its supply chain solutions, potentially supporting long-term revenue growth and operational efficiency improvements amidst global disruptions. In light of our recent growth report, it seems possible that Kinaxis' financial performance will exceed current levels. Navigate through the intricacies of Kinaxis with our comprehensive financial health report here. Overview: Propel Holdings Inc., along with its subsidiaries, operates as a financial technology company with a market cap of CA$1.25 billion. Operations: The company generates revenue primarily through its financial technology operations. Estimated Discount To Fair Value: 32% Propel Holdings, trading at CA$32.17, is significantly undervalued with a fair value estimate of CA$47.28. Recent earnings show strong growth, with revenue rising to US$138.94 million and net income at US$23.5 million for Q1 2025. Despite a dividend increase to CAD 0.72 per share annually, the dividend isn't well covered by free cash flows, and debt coverage by operating cash flow remains weak; however, refinancing efforts have reduced interest costs significantly. Our growth report here indicates Propel Holdings may be poised for an improving outlook. Dive into the specifics of Propel Holdings here with our thorough financial health report. Click through to start exploring the rest of the 16 Undervalued TSX Stocks Based On Cash Flows now. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TSX:ARIS TSX:KXS and TSX:PRL. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
07-05-2025
- Business
- Yahoo
ARIS MINING REPORTS Q1 2025 RESULTS WITH RECORD ADJUSTED EARNINGS PER SHARE, OPERATIONAL STRENGTH, AND PROGRESS ON GROWTH PROJECTS
Total AISC increased to $1,570/oz (Q4 2024: $1,485; Q1 2024: $1,434), driven primarily by gold prices, which increased costs for purchased material from CMPs, as well as royalties and social contributions. Owner Mining AISC increased to $1,482/oz (Q4 2024: $1,386; Q1 2024: $1,553), towards the lower end of the Company's full-year 2025 guidance range of $1,450 to $1,600. Gold production totaled 54,763 oz , an increase of 8% from 50,767 oz in Q1 2024 and accounting for 22% of the mid-point of the FY 2025 production guidance range of 230 koz – 275 koz. Production rates are expected to progressively increase in H2 2025 following commissioning of the Segovia plant expansion in June 2025. The Company ended the quarter with a cash balance of $240 million and net debt 3 of $250 million , implying a net leverage ratio of 1.2x. Adjusted net earnings of $27.2 million or $0.16/share, up from $0.04/share in Q1 2024 and $0.14/share in Q4 2024. Record full quarterly adjusted EPS since Aris Mining was formed in September 2022. Adjusted EBITDA 1 of $66.6 million for Q1, and $201.3 million on a trailing 12-month basis, up 134% for the quarter from Q1 2024 and up 20% from Q4 2024. Gold revenue of $154.1 million , an increase of 47% over Q1 2024 and 4% over Q4 2024. Neil Woodyer, CEO, commented "Aris Mining had a strong start to 2025, driven by solid operational execution, higher gold prices, and continued progress on our growth initiatives. At Segovia, we maintained production and high margins while advancing the plant expansion, which remains on track for commissioning in June. At Marmato, we are making steady progress on the Lower Mine development, with construction spend ramping up and plant capacity now targeting 5,000 tonnes per day. At our Toroparu Project in Guyana, we have launched a new study to update the development plan, and we look forward to demonstrating the potential of this project." VANCOUVER, BC, May 7, 2025 /CNW/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) announces its financial and operating results for the three months ended March 31, 2025 (Q1 2025), with a strong start to the year marked by record gold prices, solid production performance, and continued investments in growth. Adjusted earnings per share (EPS) of $0.16 is the highest full quarter result since Aris Mining was formed in September 2022. All amounts are expressed in U.S. dollars unless otherwise indicated. Story Continues Figure 1: Strong AISC Margin Growth ($ million) – Segovia (CNW Group/Aris Mining Corporation) Figure 2: Total AISC and Realized Gold Price Trends ($/oz) – Segovia (CNW Group/Aris Mining Corporation) Total Segovia Operating Information Q1 2025 Q4 2024 Q1 2024 Average realized gold price ($/ounce sold) $2,855 $2,642 $2,062 Tonnes milled (t) 167,150 167,649 154,425 Average tonnes milled per day (tpd) 1,966 1,949 1,817 Average gold grade processed (g/t) 9.37 9.84 9.42 Gold produced (ounces) 47,549 51,477 44,908 Gold sold (ounces) 47,390 50,409 45,288 AISC margin – $M 60.9 58.3 28.5 Segovia Operating Information by Segment Q1 2025 Q4 2024 Q1 2024 Owner Mining Gold sold (ounces) 26,963 28,149 22,445 Cash costs – ($/ounce sold) $1,123 $1,042 $1,191 AISC – ($/ounce sold) $1,482 $1,386 $1,553 AISC margin ($M) 37.0 35.3 11.4 CMPs Gold sold (ounces) 20,427 22,260 22,843 Cash costs – ($/ounce sold) $1,431 $1,399 $1,133 AISC – ($/ounce sold) $1,687 $1,610 $1,316 AISC sales margin (%) 41 % 39 % 36 % AISC margin ($M) 23.9 23.0 17.1 Total: Owner Mining & CMP AISC Margin ($M) 60.9 58.3 28.5 * Aris Mining operates its own mines and contracts with community-based mining partners, referred to as Contract Mining Partners (CMPs), to increase total gold production. Some partners work within Aris Mining's infrastructure, while others manage their own mining operations on Aris Mining's titles using their own infrastructure. In addition, Aris Mining purchases high grade mill feed from third-party contractors operating off-title, which further optimizes production and increases operating margins. Growth and Expansion Updates The Company invested $43.0 million in growth and expansion initiatives during the quarter, including: $29.7 million toward the Marmato Lower Mine development; and $6.4 million at Segovia to support plant expansion, underground development and exploration. In Q1 2025, our operations generated $40.0 million in cash flow after sustaining capital and income tax, enabling us to internally-fund the majority of our strategic growth and expansion investments. The Segovia expansion to 3,000 tonnes per day (tpd) is nearing completion, with the new ball mill to be installed in May and commissioning expected in June 2025. The Marmato Lower Mine construction is progressing well, with processing plant capacity increased from 4,000 tpd to a planned 5,000 tpd: decline development underway with 323 metres completed to the end of April 2025; earthworks completed for the main substation platform, and continued earthworks for the process plant platform; and continued arrival of equipment and materials on site, including tailings filters, cyclones and sump pumps. Soto Norte Project : the Company continues to advance the new Pre-Feasibility Study, with completion expected in Q3 2025. Toroparu Project: a new Preliminary Economic Assessment (PEA), prepared in accordance with National Instrument 43-101, has been commissioned to evaluate updated development options for the Toroparu project. Since updating the mineral resource estimate for Toroparu in March 2023, Aris Mining has also completed infrastructure optimization studies, strengthening the foundation for the development plan. Completion of the PEA is expected in Q3 2025. Capital Structure Update During Q1 2025 and through early May, Aris Mining continued to see strong participation in the exercise of its in-the-money TSX-listed warrants, which expire on July 29, 2025. Year-to-date, the Company has received over $19.4M in proceeds from these warrant exercises, further strengthening the balance sheet and supporting growth initiatives at Segovia and Marmato. As of May 6, 2025, Aris Mining has approximately 178.1 million common shares issued and outstanding, with 48.0 million warrants remaining outstanding, which if fully exercised would result in the issuance of 24.0 million new Aris Mining shares and additional proceeds to the Company of C$132 million (or $96 million). Following the expiry of the warrants on July 29, 2025, the Company will have no remaining convertible securities outstanding, other than stock options issued under its stock option plan. Since issuing its new $450 million senior unsecured bonds in October 2024, Aris Mining has steadily reduced both its total and net leverage ratios. As of March 31,2025, total leverage was 2.4x3 and net leverage was 1.2x3. Figure 3: Total and Net Leverage Ratios4 (CNW Group/Aris Mining Corporation) Endnotes 1 All references to adjusted earnings, EBITDA, adjusted EBITDA, adjusted (net) earnings, growth and expansion expenditures, cash flow after sustaining capital and income tax, cash costs and AISC are non-GAAP financial measures in this document. These measures do not have any standardized meaning prescribed under GAAP, and therefore may not be comparable to other issuers. Refer to the Non-GAAP Measures section in this document for a reconciliation of these measures to the most directly comparable financial measure disclosed in the Company's financial statements. 2 Net earnings represents net earnings attributable to owners of the company, as presented in the annual and interim financial statements for the relevant period. 3 Net debt is calculated as outstanding principal for the Senior Notes and the Gold-linked Notes, less cash. 4 Total and Net Leverage ratios are calculated by dividing total debt and net debt, respectively, by Adjusted EBITDA on a trailing 12-month basis. Q1 2025 Conference Call Details Management will host a conference call on Thursday, May 8, 2025, at 9:00 a.m. ET / 6:00 a.m. PT / 2:00 p.m. BST / 3:00 p.m. CEST to discuss the results. Participants may gain expedited access to the conference call by registering at Diamond Pass Registration ( Once registered, call in details will be displayed on screen which can be used to bypass the operator and avoid the call queue. Registration will remain open until the end of the live conference call. Webcast Conference Call Toll-free North America: +1-833-821-0197 International: +1-647-846-2328 Audio Recording After the call, an audio recording will be available via telephone until the end of day on May 15, 2025. Toll-free in the US and Canada: +1-855-669-9658 International: +1-412-317-0088; and using the access code: 3305587 A replay of the event will be archived at Events & Presentations - Aris Mining Corporation. Aris Mining's Condensed Consolidated Interim Financial Statements for the three months ended March 31, 2025 and 2024 and related MD&A are available on SEDAR+, in the Company's filings with the U.S. Securities and Exchange Commission (the SEC) and in the Financials section of Aris Mining's website here. Hard copies of the financial statements are available free of charge upon written request to info@ About Aris Mining Founded in September 2022, Aris Mining was established with a vision to build a leading Latin America-focused gold mining company. Our strategy blends current production and cashflow generation with transformational growth driven by expansions of our operating assets, exploration and development projects. Aris Mining is listed on the TSX (ARIS) and the NYSE-A (ARMN) and is led by an experienced team with a track record of value creation, operational excellence, financial discipline and good corporate governance in the gold mining industry. Aris Mining operates two underground gold mines in Colombia: the Segovia Operations and the Marmato Upper Mine, which together produced 210,955 ounces of gold in 2024. With expansions underway, Aris Mining is targeting an annual production rate of more than 500,000 ounces of gold following the ramp-up of the Segovia mill expansion, expected during the second half of 2025, and the new Marmato Mine, which is expected to start ramping up in H2 2026. In addition, Aris Mining operates the 51% owned Soto Norte joint venture, where studies are underway on a new, smaller scale development plan, with results expected by mid-2025. In Guyana, Aris Mining owns the Toroparu gold/copper project, where a new Preliminary Economic Assessment (PEA) has been commissioned. Colombia is rich in high-grade gold deposits and Aris Mining is actively pursuing partnerships with the Country's dynamic small-scale mining sector. With these partnerships, we enable safe, legal, and environmentally responsible operations that benefit both local communities and the industry. Aris Mining intends to pursue acquisitions and other growth opportunities to unlock value through scale and diversification. Additional information on Aris Mining can be found at and on Cautionary Language Non-GAAP Measures EBITDA, adjusted EBITDA, adjusted (net) earnings, cash cost, total leverage, net leverage and AISC are non-GAAP financial measures and non-GAAP ratios. These financial measures do not have any standardized meaning prescribed under IFRS or by Generally Accepted Accounting Principles (GAAP) in the United States, and therefore may not be comparable to other issuers. For full details on these measures and ratios refer to the "Non-GAAP Financial Measures" sections of the Company's Management's Discussion and Analysis for the three months ended March 31, 2025 and 2024 and years ended December 31, 2024 and 2023 (MD&As). The MD&As are incorporated by reference into this news release and are available at on the Company's profile on SEDAR+ at and in its filings with the SEC at We have presented total leverage and net leverage as non-GAAP ratios in this press release. Total leverage is calculated as the outstanding principal of the Company's debt instruments divided by trailing twelve-month adjusted EBITDA, and net leverage is calculated as net debt divided by trailing twelve-month adjusted EBITDA. We believe these ratios provide useful information to analysts, investors, and other stakeholders in assessing the Company's leverage and evaluating our balance sheet. The tables below reconcile the non-GAAP financial measures contained in this news release for the current and comparative periods to the most directly comparable financial measure disclosed in the Company's interim financial statements for the three months ended March 31, 2025 and 2024, and Company's annual financial statements for the three months and years ended December 31, 2024 and 2023. Quarterly cash-flow summary Three months ended, ($000's) Q1 2025 Q4 2024 Gold revenue $154,142 $148,381 Total cash cost1 (72,730) (73,688) Royalties (6,359) (5,748) Social contributions (4,334) (4,228) Sustaining capital (6,589) (6,357) Lease payments on sustaining capital (480) (567) All in sustaining cost (AISC)1 (90,492) (90,588) AISC margin 63,650 57,793 Taxes paid2 (5,121) (25,152) General and administration expense2 (4,106) (8,084) Decrease (increase) in VAT receivable (11,761) 18,906 Other changes in working capital (3,415) 8,650 Impact of foreign exchange losses on cash balances2 768 (2,699) After-tax adjusted sustaining margin3 40,015 49,414 Expansion and growth capital expenditure1 Marmato Lower Mine (29,661) (18,998) Segovia Operations (6,368) (21,041) Marmato Upper Mine — (5,369) Toroparu Project (2,411) (1,719) PSN (4,566) (3,604) Change in accrued capital expenditures and other additions (5,938) 9,204 Total expansion and growth capital (48,944) (41,527) Financing and other costs4 Proceeds from warrant and option exercises2 5,197 1,427 Principal repayment of Gold Notes2 (3,941) (3,695) Repayment of 2026 Senior Notes 2 — (305,157) Net proceeds from 2029 Senior Notes2 — 441,294 Precious metal stream deposit received2 — 40,016 Capitalized interest paid2 (5,031) (3,959) Interest (paid) received - net2 — (5,582) Total financing and other costs (3,775) 164,344 Net change in cash2 (12,704) 172,231 Opening cash balance at beginning of period2 252,535 80,304 Closing cash balance at end of period2 239,831 252,535 1. Refer to the Non-GAAP Financial Measures section for full details on cash costs ($ per oz sold), AISC ($ per oz sold), and additions to mining interests split by nature and site which are on an accrual basis. 2. As presented in the Financial Statements and notes for the respective periods. 3. After-tax adjusted sustaining margin is defined as operating cash flow adjusted for the receipt of the WPMI milestone payment, sustaining capital expenditures and sustaining lease payments. 4. Financing and other costs are defined as financing activities as presented in the Financial Statements adjusted for capitalized interest paid and receipt of the WPMI milestone payment. Cash costs per ounce Reconciliation of total cash costs by business unit at Segovia and Marmato to the cash costs as disclosed above. Three months ended Mar 31, 2025 Three months ended Dec 31, 2024 ($000s except per ounce amounts) Segovia Marmato Total Segovia Marmato Total Total gold sold (ounces) 47,390 6,891 54,281 50,409 5,925 56,334 Cost of sales1 67,091 15,384 82,475 68,078 15,111 83,189 Less: materials and supplies inventory provision — — — (965) (225) (1,190) Less: royalties1 (4,519) (1,840) (6,359) (4,342) (1,406) (5,748) Add: by-product revenue1 (3,073) (313) (3,386) (2,308) (255) (2,563) Total cash costs 59,499 13,231 72,730 60,463 13,225 73,688 Total cash costs ($ per oz gold sold) $1,256 $1,199 Total cash costs including royalties 64,018 64,805 Total cash costs including royalties ($ per oz gold sold) $1,351 $1,286 Three months ended Mar 31, 2024 ($000s except per ounce amounts) Segovia Marmato Total Total gold sold (ounces) 45,288 5,756 51,044 Cost of sales1 57,949 13,384 71,333 Less: materials and supplies inventory provision — — — Less: royalties1 (3,008) (1,084) (4,092) Add: by-product revenue1 (2,318) (112) (2,430) Total cash costs 52,623 12,188 64,811 Total cash costs ($ per oz gold sold) $1,162 Total cash costs including royalties 55,631 Total cash costs including royalties ($ per oz gold sold) $1,228 1 As presented in the Annual and Interim Financial Statements and notes thereto for the respective periods. Cash costs per ounce – Business Units (Segovia) Three months ended Mar 31, 2025 Three months ended Dec 31 2024 ($000s except per ounce amounts) Owner CMPs Total Owner CMPs Total Total gold sold (ounces) 26,963 20,427 47,390 28,149 22,260 50,409 Cost of sales1 34,799 32,292 67,091 34,518 33,560 68,078 Less: materials and supplies inventory provision — — — (717) (248) (965) Less: royalties1 (2,783) (1,736) (4,519) (2,754) (1,588) (4,342) Add: by-product revenue1 (1,748) (1,325) (3,073) (1,727) (581) (2,308) Total cash costs 30,268 29,231 59,499 29,320 31,143 60,463 Total cash costs ($ per oz gold sold) $1,123 $1,431 $1,256 $1,042 $1,399 $1,199 Three months ended Mar 31, 2024 ($000s except per ounce amounts) Owner CMPs Total Total gold sold (ounces) 22,445 22,843 45,288 Cost of sales1 30,085 27,864 57,949 Less: royalties1 (1,677) (1,331) (3,008) Add: by-product revenue1 (1,663) (655) (2,318) Total cash costs 26,745 25,878 52,623 Total cash costs ($ per oz gold sold) $1,192 $1,133 $1,162 1 As presented in the Annual and Interim Financial Statements and notes thereto for the respective periods. All-in sustaining costs (AISC) Reconciliation of total AISC by business unit at Segovia and Marmato to the AISC as disclosed above. Three months ended Mar 31, 2025 Three months ended Dec 31, 2024 ($000s except per ounce amounts) Segovia Marmato Total Segovia Marmato Total Total gold sold (ounces) 47,390 6,891 54,281 50,409 5,925 56,334 Total cash costs 59,499 13,231 72,730 60,463 13,225 73,688 Add: royalties1 4,519 1,840 6,359 4,342 1,406 5,748 Add: social programs1 4,061 273 4,334 4,063 165 4,228 Add: sustaining capital expenditures 5,856 733 6,589 5,426 931 6,357 Add: lease payments on sustaining capital 480 — 480 567 — 567 Total AISC 74,415 16,077 90,492 74,861 15,727 90,588 Total AISC ($ per oz gold sold) $1,570 $1,485 Three months ended Mar 31, 2024 ($000s except per ounce amounts) Segovia Marmato Total Total gold sold (ounces) 45,288 5,756 51,044 Total cash costs 52,623 12,188 64,811 Add: royalties1 3,008 1,084 4,092 Add: social programs1 2,289 1,166 3,455 Add: sustaining capital expenditures 6,496 824 7,320 Add: lease payments on sustaining capital 506 — 506 Total AISC 64,922 15,262 80,184 Total AISC ($ per oz gold sold) $1,434 1 As presented in the Annual and Interim Financial Statements and notes thereto for the respective periods. All-in sustaining costs (AISC) – Segovia by Business Unit Three months ended Mar 31, 2025 Three months ended Dec 31, 2024 ($000s except per ounce amounts) Owner CMPs Total Owner CMPs Total Total gold sold (ounces) 26,963 20,427 47,390 28,149 22,260 50,409 Total cash costs 30,268 29,231 59,499 29,320 31,143 60,463 Add: royalties1 2,783 1,736 4,519 2,754 1,588 4,342 Add: social programs1 2,501 1,560 4,061 2,558 1,505 4,063 Add: sustaining capital expenditures 3,917 1,939 5,856 3,819 1,607 5,426 Add: lease payments on sustaining capital 480 — 480 567 — 567 Total AISC 39,949 34,466 74,415 39,018 35,843 74,861 Total AISC ($ per oz gold sold) $1,482 $1,687 $1,570 $1,386 $1,610 $1,485 Three months ended Sep 30, 2024 Three months ended June 30, 2024 ($000s except per ounce amounts) Owner CMPs Total Owner CMPs Total Total gold sold (ounces) 22,952 25,107 48,059 20,183 23,183 43,366 Total cash costs 24,820 35,579 60,399 24,660 31,682 56,342 Add: royalties1 1,999 1,507 3,506 1,720 1,358 3,078 Add: social programs1 2,449 1,845 4,294 1,185 935 2,120 Add: sustaining capital expenditures 3,640 1,783 5,423 4,677 1,547 6,224 Add: lease payments on sustaining capital 389 — 389 364 — 364 Total AISC 33,297 40,714 74,011 32,606 35,522 68,128 Total AISC ($ per oz gold sold) $1,451 $1,622 $1,540 $1,616 $1,532 $1,571 Three months ended Mar 31, 2024 ($000s except per ounce amounts) Owner CMPs Total Total gold sold (ounces) 22,445 22,843 45,288 Total cash costs 26,745 25,878 52,623 Add: royalties1 1,677 1,331 3,008 Add: social programs1 1,276 1,013 2,289 Add: sustaining capital expenditures 4,659 1,837 6,496 Add: lease payments on sustaining capital 506 — 506 Total AISC 34,863 30,059 64,922 Total AISC ($ per oz gold sold) $1,553 $1,316 $1,434 1 as presented in the annual and interim financial statements and notes thereto for the respective periods. Additions to mineral interests, plant and equipment ($'000) Mar 31, 2025 Dec 31, 2024 Mar 31, 2024 Sustaining capital Segovia Operations 5,856 5,426 6,496 Marmato Upper Mine 733 931 824 Total 6,589 6,357 7,320 Non-sustaining capital Marmato Lower Mine 29,661 18,998 14,865 Segovia Operations 6,368 21,041 11,023 Soto Norte Project (PSN) 4,566 3,604 — Marmato Upper Mine — 5,369 2,278 Toroparu Project 2,411 1,719 1,939 Juby Project 4 34 3 Total 43,010 50,765 30,108 Corporate Assets — — — Additions to mining interest, plant and equipment1 49,599 57,122 37,428 Earnings before interest, taxes, depreciation, and amortization (EBITDA) and adjusted EBITDA Three months ended, ($000s) Mar 31, 2025 Dec 31, 2024 Sept 30, 2024 June 30, 2024 Mar 31, 2024 Earnings (loss) before tax1 21,220 37,513 13,603 17,904 10,310 Add back: Depreciation and depletion1 10,734 9,530 9,019 8,082 7,519 Finance income1 (2,336) (1,606) (1,351) (1,691) (2,246) Interest and accretion1 10,037 21,165 6,493 6,496 6,803 EBITDA 39,655 66,602 27,764 30,791 22,386 Add back: Share-based compensation1 3,784 (483) 2,533 1,373 1,842 (Income) loss from equity accounting in investee1 14 14 17 2,301 551 (Gain) loss on financial instruments1 16,628 (6,561) 12,842 6,144 3,742 Other (income) expense1 535 1,116 (428) 2,681 — Foreign exchange (gain) loss1 5,997 (5,113) 311 (7,211) (108) Adjusted EBITDA 66,613 55,575 43,039 36,079 28,413 presented in the Annual and Interim Financial Statements and notes for the respective periods. Earnings before interest, taxes, depreciation, and amortization (EBITDA) and adjusted EBITDA ($000s) Mar 31, 2024 Dec 31, 2023 Sept 30, 2023 June 30, 2023 Earnings (loss) before tax1 10,310 7,963 26,156 18,925 Add back: Depreciation and depletion1 7,519 7,535 10,938 8,825 Finance income1 (2,246) (2,580) (3,672) (2,358) Interest and accretion1 6,803 6,772 6,757 6,746 EBITDA 22,386 19,690 40,179 32,138 Add back: Share-based compensation1 1,842 2,977 528 459 Revaluation of investments (Denarius/Aris) — 536 — 10,023 (Income) loss from equity accounting in investee1 551 (3,667) (1,062) 1,428 (Gain) loss on financial instruments1 3,742 13,429 (374) (11,756) Other (income) expense1 — (1,442) 21 35 Foreign exchange (gain) loss1 (108) 6,685 2,285 7,237 Adjusted EBITDA 28,413 38,208 41,577 39,564 presented in the Annual and Interim Financial Statements and notes for the respective periods. Adjusted net earnings and adjusted net earnings per share Three months ended, ($000s except shares amount) Mar 31, 2025 Dec 31, 2024 Sept 30, 2024 June 30, 2024 Mar 31, 2024 Basic weighted average shares outstanding 171,622,649 170,900,890 169,873,924 151,474,859 138,381,653 Net earnings (loss)1 2,368 21,687 (2,074) 5,713 (744) Add back: Share-based compensation1 3,784 (483) 2,533 1,373 1,842 (Income) loss from equity accounting in investee1 14 14 17 2,301 551 (Gain) loss on financial instruments1 16,628 (6,561) 12,842 6,144 3,742 Other (income) expense1 535 1,116 (428) 2,681 — Loss on extinguishment of Senior Notes — 11,463 — — — Foreign exchange (gain) loss1 5,997 (5,113) 311 (7,211) (108) Income tax effect on adjustments (2,099) 2,536 (109) 1,738 78 Adjusted net (loss) / earnings 27,227 24,659 13,092 12,739 5,361 Per share – basic ($/share) 0.16 0.14 0.08 0.08 0.04 presented in the Annual and Interim Financial Statements and notes for the respective periods. Adjusted net earnings and adjusted net earnings per share ($000s except shares amount) Mar 31, 2024 Dec 31, 2023 Sept 30, 2023 June 30, 2023 Basic weighted average shares outstanding 138,381,653 137,313,095 137,192,545 136,229,686 Net earnings (loss)1 (744) (5,944) 13,833 9,899 Add back: Share-based compensation1 1,842 2,977 528 459 Revaluation of investments (Denarius/Aris) — 536 — 10,023 (Income) loss from equity accounting in investee1 551 (3,667) (1,062) 1,428 (Gain) loss on financial instruments1 3,742 13,429 (374) (11,756) Other (income) expense1 — (1,442) 21 35 Loss on extinguishment of Senior Notes — — — — Foreign exchange (gain) loss1 (108) 6,685 2,285 7,237 Income tax effect on adjustments 78 (2,221) (796) (2,453) Adjusted net (loss) / earnings 5,361 10,353 14,435 14,872 Per share – basic ($/share) 0.04 0.08 0.11 0.11 1. As presented in the Annual and Interim Financial Statements and notes for the respective periods. Qualified Person and Technical Information Pamela De Mark, Senior Vice President Geology and Exploration of Aris Mining, is a Qualified Person as defined by National Instrument 43-101 (NI 43-101), and has reviewed and approved the technical information contained in this news release. Forward-Looking Information This news release contains "forward-looking information" or forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including, without limitation, statements relating to the Company's ability to deliver on its 2025 objectives, the completion timeline and expected benefit from the Sevogia expansion, the completion timeline and expected benefit from the Marmato Lower Mine construction, the expected completion date of the new pre-feasibility study for the Soto Norte Project, the completion date of the new preliminary economic assessment for the Toroparu Project, benefits to the Company from the exercise of its outstanding warrants and statements included in the "About Aris Mining" section of this news release relating to the Segovia Operations, Marmato Mine, Soto Norte Project and Toroparu Project are forward-looking. Generally, the forward-looking information and forward looking statements can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "will continue" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The material factors or assumptions used to develop forward looking information or statements are disclosed throughout this news release. Forward looking information and forward looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Aris Mining to be materially different from those expressed or implied by such forward-looking information or forward looking statements, including but not limited to those factors discussed in the section entitled "Risk Factors" in Aris Mining's annual information form dated March 12, 2025 which is available on SEDAR+ at and in the Company's filings with the SEC at Although Aris Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The Company has and continues to disclose in its Management's Discussion and Analysis and other publicly filed documents, changes to material factors or assumptions underlying the forward-looking information and forward-looking statements and to the validity of the information, in the period the changes occur. The forward-looking statements and forward-looking information are made as of the date hereof and Aris Mining disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information. 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