Post by
tobinator01 on May 01, 2024 5:31pm
Calibre Mining vs. Aris Mining
Calibre 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.
Comment by
ppp on May 02, 2024 10:53am
Agreed. Looks like today we are narrowing the gap. Both good companies. IMO