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Aris Mining Corp T.ARIS

Alternate Symbol(s):  T.ARIS.WT.A | CLGDF | 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

Comment by Stratocheifon Mar 06, 2022 10:46am
188 Views
Post# 34487922

RE:RE:RE:Someone will let the cat out of the bag.....

RE:RE:RE:Someone will let the cat out of the bag.....They produce 200k oz. A rule of thumb I've been using for a good miner is about 400 million market cap per 100k oz at these gold prices. This fluctuates. 2 years ago with energy and other costs lower and gold a bit higher, it was 400 million. Now it's 350 million or maybe lower. So an estimate of its fair value market cap is somewhere between 6 to 800 million (right now 550 million), or 6 to $8 per share as gcm has 100 million shares. And it's not just a rule of thumb I use. Lots of brokerages and analysts come up with a "fair value" using algorithms that take a number of factors into account and if you check a few you will see they have the same fair value for gcm at this point in time. The future of course no one can predict. Depends on gold price, sentiment, geopolitics, outcome thier future projects. Yes I know they own 40% of Aris and so on. But such is the case with most isn't it. They all have subsidiaries and other investments
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