Core Viewpoint - Aris Mining Corporation is undergoing a significant leadership transition with the retirement of Ian Telfer as Chair, and Neil Woodyer has been appointed as Chair and Chief Executive Officer, aiming to enhance execution and growth strategies [1][2][3]. Board Leadership Changes - Ian Telfer has retired from the Board of Directors after serving since February 2021, but will continue in an advisory role [2]. - The Board has approved a streamlined governance structure, combining the roles of Chair and CEO, supported by a strong Lead Independent Director [4][6]. Management Leadership Changes - Doug Bowlby has been promoted to President, supporting the CEO in corporate strategy and initiatives, while the Chief Operating Officer role has been eliminated [5]. - Neil Woodyer will lead operational and project execution directly, with Dustin VanDoorselaere and Cornelius Lourens reporting to him [6][8]. Operational and Growth Strategy - Aris Mining operates two underground gold mines in Colombia, targeting an annual production of approximately 1.0 million ounces of gold, with current production at 256,503 ounces in 2025 [10]. - The company has a development pipeline including the Toroparu gold project in Guyana and the Soto Norte project in Colombia, with studies underway to advance these projects [10].

Core Viewpoint - Aris Mining Corporation reported a significant increase in gold production for 2025, achieving 256,503 ounces, a 22% rise from 2024, and anticipates further growth in 2026 with production expected to reach between 300,000 and 350,000 ounces driven by expansions at Segovia and Marmato [1][3][9]. Production Highlights - In 2025, Aris Mining produced 256,503 ounces of gold, exceeding the guidance midpoint of 230,000 to 275,000 ounces [7]. - The second half of 2025 saw a 26% production growth, attributed to the expansion at Segovia and consistent performance at Marmato [3]. - Fourth quarter production totaled 69,852 ounces, with Segovia contributing 63,137 ounces and Marmato 6,715 ounces [4][6]. Future Production Guidance - For 2026, consolidated gold production is projected to be between 300,000 and 350,000 ounces, with a significant portion expected in the second half of the year [9][10]. - Segovia's production is anticipated to increase to between 265,000 and 300,000 ounces, while Marmato is expected to contribute between 35,000 and 50,000 ounces [10][13]. - The new carbon in pulp (CIP) plant at Marmato is expected to commence production in Q4 2026, enhancing overall output [13]. Operational Insights - The Segovia mill expansion, completed in June 2025, has been a key driver for increased production [15]. - The company plans to operate the new CIP plant at a design capacity of 5,000 tonnes per day by the end of 2027, with initial processing expected to start at approximately 3,000 tonnes per day [13]. - Development of the new underground decline to the Bulk Mining Zone at Marmato is 45% complete and is scheduled for completion in Q3 2026 [13]. Financial Position - As of December 31, 2025, Aris Mining reported a cash balance of over US$390 million, net of US$60 million used for the acquisition of the remaining 49% interest in Soto Norte [7].

Core Insights - Aris Mining Corporation (ARMN) reported a 36.6% year-over-year increase in gold production to 73,236 ounces for Q3 2025, with a 25% rise from the previous quarter, driven by Segovia Operations in Colombia [1][9] - The Segovia mine saw a 38% year-over-year production increase to 65,549 ounces, while the Marmato Upper Mine produced 7,687 ounces, marking a 26% increase from a year ago [2] - The growth in production is attributed to the commissioning of a second mill at the Segovia mine, which increased processing capacity and allowed for the processing of 219,550 tonnes of gold ore, a 31.6% increase year-over-year [3] Strategic Developments - In December 2025, ARMN completed the acquisition of the remaining 49% stake in the Soto Norte joint venture, becoming the sole owner of the project, which is recognized as one of the most attractive undeveloped gold assets in the Americas [4] - The company is well-positioned to achieve its production targets and strengthen its position in the Latin American gold mining industry as it progresses with expansion initiatives [5] Peer Comparison - B2Gold Corp. (BTG) reported consolidated gold production of 254,369 ounces for Q3, with expectations of 250,000 ounces in 2026 and 330,000 ounces in 2027 for its Goose mine [6] - Agnico Eagle Mines Limited (AEM) experienced a 0.4% year-over-year increase in gold production to 866,936 ounces, with stable production expectations of approximately 3.3-3.5 million ounces annually from 2025 to 2027 [7] Financial Performance - ARMN's shares have increased by 17.5% in the past month, outperforming the industry's growth of 8.1% [8] - The company is trading at a forward price-to-earnings ratio of 5.50X, significantly lower than the industry's average of 14.93X, and holds a Value Score of C [10] - The Zacks Consensus Estimate for ARMN's 2025 earnings has risen by 2.2% over the past 60 days [11]

Core Viewpoint - Aris Mining Corporation (ARMN) is identified as a strong momentum stock with a Momentum Style Score of A and a Zacks Rank of 1 (Strong Buy), indicating potential for significant near-term gains [3][4][12]. Price Performance - ARMN shares have increased by 5.38% over the past week, while the Zacks Mining - Gold industry has risen by 5.92% during the same period [6]. - Over the past month, ARMN's price change is 16.67%, outperforming the industry's 14.3% [6]. - In the last quarter, ARMN shares have surged by 87.2%, and over the past year, they have skyrocketed by 377.19%, compared to the S&P 500's increases of 4.57% and 19.92%, respectively [7]. Trading Volume - The average 20-day trading volume for ARMN is 1,641,348 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the last two months, one earnings estimate for ARMN has been revised upward, while none have been lowered, resulting in an increase in the consensus estimate from $1.35 to $1.38 [10]. - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [10].

Core Viewpoint - Aris Mining Corporation (ARMN) has received a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system tracks the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts for the current and following years, indicating a company's changing earnings picture [1][2]. - A strong correlation exists between changes in earnings estimates and near-term stock price movements, largely influenced by institutional investors who adjust their valuations based on these estimates [4][5]. Recent Performance and Projections - For the fiscal year ending December 2025, Aris Mining Corporation is expected to earn $1.38 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 113.8% over the past three months [8]. - The rating upgrade signifies an improvement in the company's underlying business, which is expected to positively influence its stock price [5][10]. Zacks Rank System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions and potential for market-beating returns [9][10].

Core Insights - Three stocks with strong momentum and buy rankings are highlighted for investors: Centerra Gold Inc., Aris Mining Corporation, and Cameco Corporation Group 1: Centerra Gold Inc. (CGAU) - Centerra Gold is a metals mining company with a Zacks Rank 1 and a 7.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - The company's shares have gained 26.4% over the last three months, while the S&P 500 has declined by 5.4% [1] - Centerra Gold has a Momentum Score of B [1] Group 2: Aris Mining Corporation (ARMN) - Aris Mining is a gold mining company with a Zacks Rank 1 and a 2.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - The company's shares have gained 64.1% over the past three months, compared to the S&P 500's decline of 5.4% [2] - Aris Mining also possesses a Momentum Score of B [2] Group 3: Cameco Corporation (CCJ) - Cameco is a uranium mining company with a Zacks Rank 1 and a 2.7% increase in the Zacks Consensus Estimate for its next year earnings over the last 60 days [3] - The company's shares have gained 21.8% over the last three months, while the S&P 500 has declined by 5.4% [3] - Cameco has a Momentum Score of A [3]

Core Viewpoint - Aris Mining Corporation (ARMN) has demonstrated significant stock performance, with a 140.4% increase over the past six months, outperforming both the Zacks sub-industry and the S&P 500 [2][4]. Group 1: Stock Performance - ARMN shares are trading near their 52-week high of $17.50, closing at $17.33, just 1% below this peak [2]. - The stock has outperformed industry peers such as B2Gold Corp. (BTG) and Eldorado Gold Corporation (EGO), which saw gains of 34.9% and 95.6%, respectively, during the same period [3]. Group 2: Production and Operations - The company produced 73,236 ounces of gold in Q3 2025, marking a 25% increase from the previous quarter and a 36.6% increase year-over-year, contributing to a total of 186,651 ounces for the first nine months of 2025 [9]. - The growth in gold production is primarily attributed to the Segovia mine, which benefited from the commissioning of a second mill, increasing processing capacity [10]. - The Marmato operation is also a key growth driver, with ongoing development in the Bulk Mining Zone expected to enhance output significantly by the second half of 2026 [12]. Group 3: Financial Position - ARMN holds a strong cash position of $417.9 million, which supports its investment in expansion projects [13]. - The company reported an increase in all-in-sustaining costs (AISC) per ounce to $1,641, up from $1,540 year-over-year, due to rising operational costs [14]. Group 4: Valuation - ARMN is trading at a forward price-to-earnings ratio of 7.25X, which is lower than the industry average of 14.66X, indicating a potentially undervalued stock compared to peers [18]. Group 5: Future Outlook - Despite the company's strong liquidity and growth projects, near-term challenges such as escalating operating costs and higher AISC may limit its immediate prospects [20].

Core Insights - Aris Mining Corporation (ARMN) is facing rising costs, with its all-in-sustaining costs (AISC) per ounce increasing to $1,641 in Q3 2025, up from $1,540 a year ago, marking a 6.6% year-over-year rise [1][8] Cost Factors - Key factors contributing to ARMN's high costs include increased volumes of purchased mill feed from Contract Mining Partners, higher royalty and social contribution expenses due to elevated gold prices and stronger sales volumes, and increased mining costs from greater throughput and the ramp-up of operations following the commissioning of the second mill at Segovia [2][8] Profitability and Margins - Despite rising costs, ARMN's profitability remains strong, with its AISC margin increasing by 36% sequentially and 42% year over year, driven by higher realized gold prices and increased sales volumes [3][8] Strategic Positioning - The increase in costs is attributed to strategic and growth-focused investments, with ARMN well-positioned to maintain healthy margins and advance its long-term growth plans, supported by higher gold prices and disciplined cost control [4] Peer Comparison - Among peers, Newmont Corp. reported an AISC of $1,566 per ounce, down 2.8% year over year, while Agnico Eagle Mines had an AISC of $1,373 per ounce, increasing 7% year over year [5][6] Stock Performance - Aris Mining's shares have increased by 55.2% over the past three months, outperforming the industry growth of 17.5% [7] Valuation Metrics - ARMN is trading at a forward price-to-earnings ratio of 7.57X, significantly lower than the industry's average of 14.66X, indicating potential undervaluation [10] Earnings Estimates - The Zacks Consensus Estimate for ARMN's earnings has remained stable for 2025, with current estimates at $1.35 per share [12][13]

Core Insights - Aris Mining Corporation (NYSE:ARMN) is recognized as one of the 20 Best Performing Stocks in 2025 [1] Group 1: Acquisition and Control - Aris Mining Corporation successfully acquired the remaining 49% stake in the Soto Norte joint venture in Colombia from MDC Industry Holding Company LLC (Mubadala), gaining full control of the project [2] - Following the acquisition, Mubadala no longer holds any related precious metals stream, allowing Aris Mining to manage the Soto Norte Project entirely [2] Group 2: Strategic Focus - The CEO, Neil Woodyer, indicated that the company is focusing on building a substantial gold business across Colombia and Guyana, leveraging its complete ownership of Segovia, Marmato, Toroparu, and Soto Norte [3] - The strategy emphasizes significant cash flow production from existing mines while pursuing growth through developments, research, and project development [3] Group 3: Growth and Performance - Since its establishment in 2022, Aris Mining has transitioned from a buy-and-build strategy to enhancing its owned assets, aiming to produce over one million ounces of gold annually from its existing asset base [4] - Analyst Don DeMarco from National Bank raised the price target for Aris Mining Corporation from C$22.50 to C$23, maintaining an Outperform rating for the stock [4] Group 4: Operations Overview - Aris Mining Corporation engages in the acquisition, exploration, development, and operation of gold properties in Colombia, Guyana, and Canada [5]

Core Insights - Aris Mining Corporation (ARMN) is advancing key development projects that are expected to support future production growth, with a significant increase in gold production in Q3 2025 [1][7] Group 1: Production and Operations - In Q3 2025, ARMN produced 73,236 ounces of gold, marking a 36.6% year-over-year increase, primarily driven by improved performance at the Segovia mine following the commissioning of its second mill [1][7] - The Segovia mine processed 219,550 tons of gold in Q3, up 31.6% year-over-year, enhancing its processing capacity and output [1] - The Marmato mine is positioned as a key catalyst for long-term growth, with steady production and development of the bulk mining zone expected to yield first gold exploration in the second half of 2026 [2] Group 2: Market Position and Valuation - Aris Mining's shares have increased by 336.8% over the past year, significantly outperforming the industry's growth of 139.6% [6] - The company is currently trading at a forward price-to-earnings ratio of 7.19X, compared to the industry's average of 13.47X, indicating a potentially undervalued position [9] Group 3: Peer Comparison - Among peers, Barrick Mining Corporation is focusing on high-return investments, although operational issues may lead to lower gold production in 2025 [4] - B2Gold Corp. is benefiting from maximizing profitable mine production, with expectations of increased output at the Fekola mine in 2025 [5]