Aris Mining insitu gold valuation supports $90 per share? Do your own due dilligence. So what's an oz of gold worth inground in the measured and indicated category currently? Going with the latest acquisition numbers from the Newmont / Newcrest deal approximately $700 an oz is viable when gold was valued at about $2000/oz. That deal was sealed on November 6 of 2023. Arguments can be made for the synergies associated with that deal as it would compare if to Aris Mining if it was acquired.
This is a back of the napkin valuation that we would discuss about at the local coffee shop. A $90 valuation per share is definitely within reason. Just yesterday I saw a YouTuber make a trading valuation using charts for Aris Mining of C$25 to C$48 per share within the next couple years. I personally made my own valuation model late last year, these numbers are very plausible in a bull gold market. That's why an insider can throw down a few hundred thousand dollars at these valuations. Aris Mining is currently dirt cheap.