Aris Mining Corp T.ARIS

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

Metals & Mining Gold

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

Aris Mining Corp > Fundamental Research released a equity new report

<< Previous

Bullboard Posts

Next >>

Comment by 0checkeron Aug 20, 2021 5:01pm

302 Views

Post# 33742176

RE:Fundamental Research released a equity new report

Investorsnews wrote: Fundamental Research is releasing a new report on Gran Colombia Gold Corp. (TSX: GCM / OTCQX: TPRFF) Trading at 1.2x Forward EBITDA / Dividend Yield of 3.9%

Q2-2021 production was up 18% YoY, and inline with expectations. Management’s 2021 production guidance remains unchanged at 200–220 Koz.

Completed a $300M debt financing for Toroparu (Guyana). A PEA completed in 2019 had indicated an initial CAPEX of $360M. The recent $300M financing, and the royalty financing agreement with Wheaton Precious (TSX: WPM/US$138M remaining) offer more than enough capital for Toroparu through to production. Management expects to advance the project to production within three-four years. An updated PEA is expected next month. Note that Toroparu is one of the largest undeveloped gold projects in the Americas.

Shares are trading at a 60% discount relative to junior gold producers. Sector multiples are down 13% since our previous report in May; we are expecting a bump in valuations this year from higher gold prices.

Want to learn more about Gran Colombia Gold? Read the full report: https://www.researchfrc.com/gran-colombia-gold-corp-tsx-gcm-otcqx-tprff-trading-at-1-2x-forward-ebitda-dividend-yield-of-3-9/

*FRC provides issuer paid coverage.
*Past performance is not indicative of future results