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Aris Mining Corp T.ARIS

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

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

Bullboard Posts
Post by ovison Nov 29, 2012 7:08pm
231 Views
Post# 20663359

Gran Colombia looks very cheap relative to peers

Gran Colombia looks very cheap relative to peers

Came across this page yesterday. GCM looks very cheap relative to other producers

https://www.goldminerpulse.com/gold-mining-valuations.php

Gold Producers Metrics

Company Name Ticker(s) Price
(US$)
FDS Est.
(M)
NWC
(M US$)
Au+Ag Resource Avg Ore Value
(US$/t)
EV/AuEqOz
(US$)
Cdn US M Oz AuEq %Au %Ag %PP %MI %I
Agnico-Eagle Mines Limited AEM.TO AEM 56.40 177.5 653.3 42 90 7 53 21 25 130 216
AuRico Gold Inc. AUQ.TO AUQ 7.94 286.1 1750.9 10.44 83 1 49 34 16 62 46
Barkerville Gold Mines Ltd. BGM.V 1.23 131.4 -5 0.35 100 33 46 20 379 410
Barrick Gold Corporation ABX.TO ABX 34.89 1,002.8 2392.9 301.5 65 7 53 30 15 65 107
Claude Resources Inc. CRJ.TO CGR 0.57 174.8 -3.3 4.13 95 4 8 47 44 102 25

Coeur d'Alene Mines Corporation CDM.TO CDE 23.18 89.9 170.5 14.86 31 69 35 52 11 83 128
Dundee Precious Metals Inc. DPM.TO 8.35 129.6 171.2 5.9 70 3 12 74 12 238 151
Eldorado Gold Corporation ELD.TO EGO 14.48 720.4 320.4 47.74 81 4 38 48 13 84 210
Endeavour Silver Corp. EDR.TO EXK 8.64 105.3 61.6 3.48 28 64 18 43 38 248 236
Goldcorp Inc. G.TO GG 39.24 824.4 1513.1 149.44 64 18 58 24 16 52 205

Gran Colombia Gold Corp. GCM.TO 0.36 382.0 -24.5 18.87 91 9 0 74 25 64 8
Great Panther Silver Limited GPR.TO GPL 1.76 140.4 45.9 0.54 22 67 12 32 54 539 361
High River Gold Mines Ltd. HRG.TO 1.40 840.2 212.4 9.37 78 21 24 48 27 113 102
Kinross Gold Corporation K.TO KGC 10.26 1,139.7 2353 109.9 94 2 58 23 18 38 84
New Gold Inc. NGD.TO NGD 10.75 473.5 134.3 37.42 59 11 20 46 32 45 130

Osisko Mining Corporation OSK.TO 8.13 393.5 37.8 23.95 100 30 35 33 62 131
Pan American Silver Corp. PAA.TO PAAS 19.18 153.0 779 33.35 18 82 25 56 17 116 64
Rio Alto Mining Limited RIO.TO RIOAF.PK 5.13 183.4 47.1 6.04 42 0 64 35 14 144
SilverCrest Mines Inc. SVL.V STVZF.PK 2.73 112.4 55.8 2.52 25 56 20 6 72 59 95
TVI Pacific Inc. TVI.TO 0.03 631.0 12.1 0.26 46 29 15 84 0 157 12

Yamana Gold Inc. YRI.TO AUY 18.99 752.8 428.7 43.89 70 8 38 39 21 40 315

The $8 per ounce of gold is priced more like an explorer. Yet 107K oz production with some growth in produciton isn't that bad.

Any explanations on why GCM is so cheap. High production costs? Develop risks at some of their deposits? Management issues? What is the market seeing that causes GCM to be so cheap?

TIA.

Bullboard Posts