Aris Mining Corp T.ARIS

Adjusted net income for last 5 years - extrapolating 2020

[VerusSemperSors]

Adjusted net income in $ millions - I get a total of > 285:

2021    Not counting these chickens - But simliar to 2020 or better assuming current gold price.
2020    $144    (my estimate based on 2020 gold average price vs 2019 avg price)
2019    $60.5
2018    $42.5
2017    $23
2016    $15.6

That's over $285 million that GCM has earned in the last five years, plowing most of it back in to reduce debt, improve operations, etc. Now the market values them at $358 million.

[menoalittle]

not to even mention GCM's rock solid balance sheet, or what it will probably look like a year from now... 

[menoalittle]

or that it's current dividend yield is over 3%...  

[VerusSemperSors]

Sorry for quoting myself, but after checking the actuals for adj net income I saw that my previous estimate was a bit out of whack. Revised with actuals: 2020 Actuals so far: Q1: $21.2 Q2: $17.5 Q3: $29.5 For a total of 68.2. As Q4 was clearly the big quarter in terms of high average gold price, I'll say $31.8 million adj net income for Q4. That would make a nice round $100 million totla for