Aris Mining Corp T.ARIS

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

Industrial Metals & Minerals

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.

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Aris Mining Corp

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Post by BuenaSuertaAtodon Oct 05, 2016 11:22am

139 Views

Post# 25311767

EV/EBITDA 4.3 w/current EV $257.42mm frm goldsilverdata.com

I'd usded their EV from July in my previous calc. Sorry for that. But it does illustrate the fact that the numbers are improving.

They show a decline in EV of >$50mil since then, with both debt and (fully diluted) market cap having declined significantly. This would be accounted for by paying off debt, calling back and cancelling debentures, and a delcine in the SP.

-GLTA!

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