Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Aris Mining Corp T.ARIS

Alternate Symbol(s):  N.AMNG.NT.U | CLGDF | T.ARIS.WT.A | ARMN

Aris Mining Corporation is a gold producer in the Americas. The Company is engaged in operating two mines with expansions underway in Colombia. The Segovia Operation is located in the Segovia-Remedios mining district in the department of Antioquia, Colombia, approximately 180 kilometers (km) northeast of Medellin. The Segovia Operations comprises four active underground gold mining operations, which include El Silencio, Sandra K, Providencia, and Carla. It has over 11 titles with a total area of 5,335.58 hectares (ha). The Marmato underground gold mine is located on the west side of the town of Marmato, in Marmato municipality of Caldas Department, in the Republic of Colombia, approximately 80 km from Medellin and 200 km northwest of the capital city of Bogota. The Company is also the operator and 51% owner of the Soto Norte Project, which is advancing to develop a new underground gold, silver and copper mine. In Guyana, it is advancing the Toroparu, a gold/copper project.


TSX:ARIS - Post by User

Post by VerusSemperSorson Feb 09, 2021 5:49pm
208 Views
Post# 32519959

Adjusted net income/share $1.22 &$1.23 in 2019 & 2018. 2020?

Adjusted net income/share $1.22 &$1.23 in 2019 & 2018. 2020?
Adjusted net income for 2019 was $60.5 million ($1.22 per share) compared with $42.5 million ($1.23 per share) in 2018. (MD & A For year ended Dec 31, 2019 March 30, 2020 )

Income (adjusted net) rose significantly in 2019, but so did the share count. It will be interesting to see what 2020 numbers are when they come out around the end of March. Any guesses?

Average gold price was well up in 2020, and silver has been gaining traction too. Silver is not a big factor, but should contribute about $6 million revenue per year at the current price.

We should see good numbers that ought to move the SP up. Then again, you might think that the 2018 & 2019 numbers would justify a higher SP already.

<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse