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Aris Mining Corp. ARMN


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

Aris Mining Corporation is a Canada-based company, which is primarily engaged in the acquisition, exploration, development and operation of gold properties in Colombia, Guyana and Canada. The Company operates the Segovia Operations and Marmato Mine in Colombia. The Segovia Operations are located 180 kilometers (km) northeast of Medellin in the Segovia-Remedios mining district of Antioquia, Colombia. The Marmato mine is located in the Marmato gold district in the Caldas Department, a mountainous region approximately 80 km south of Medellin, Colombia. The Company is also the operator and 20% owner of the Soto Norte Project. The project is located within the traditional mining area of California, Vetas, which is located approximately 350 km north of Bogota and 55 km northeast of the city of Bucaramanga. The Company also owns the Toroparu Project in Guyana and the Juby Project, which covers an area of approximately 42,817 hectares and is located in the Cuyuni-Mazaruni Region of Guyana.


TSX:ARIS - Post by User

Post by tobinator01on May 01, 2024 5:31pm
254 Views
Post# 36018297

Calibre Mining vs. Aris Mining

Calibre Mining vs. Aris MiningCalibre Mining's stock has actually outperformed Aris this year.  I did some digging and there are some interesting parallels.  I'm not going into them here.  Calibre and Aris both have the same production targets for 2026 at 500,000 ounces.  Cash costs and AISC are comparable.

The real interesting part is valuation.  Calibre (CXB.TO) has a market cap today of C$1.623 Billion.  Aris (ARIS.TO) market cap is C$772 million.  Aris' market cap is a little under half that of Calibre.  Aris likely gets a Petro valuation reduction but not a 52% discount.


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