Aris Mining Balance Sheet Health

Financial Health criteria checks 5/6

Aris Mining has a total shareholder equity of $1.1B and total debt of $363.4M, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are $1.8B and $711.9M respectively. Aris Mining's EBIT is $102.2M making its interest coverage ratio 6.2. It has cash and short-term investments of $121.7M.

Key information

33.1%

Debt to equity ratio

US$363.42m

Debt

Interest coverage ratio	6.2x
Cash	US$121.66m
Equity	US$1.10b
Total liabilities	US$711.90m
Total assets	US$1.81b

Recent financial health updates

Recent updates

Aris Mining Corporation (TSE:ARIS) Might Not Be As Mispriced As It Looks

Jun 28

We Think That There Are Issues Underlying Aris Mining's (TSE:ARIS) Earnings

May 22

Even With A 28% Surge, Cautious Investors Are Not Rewarding Aris Mining Corporation's (TSE:ARIS) Performance Completely

Mar 29

Is Aris Mining (TSE:ARIS) Using Too Much Debt?

Mar 07

Aris Mining Corporation's (TSE:ARIS) Share Price Matching Investor Opinion

Jan 19

These 4 Measures Indicate That Aris Mining (TSE:ARIS) Is Using Debt Extensively

Aug 30

Is Aris Mining (TSE:ARIS) Using Too Much Debt?

May 12

Estimating The Intrinsic Value Of Aris Mining Corporation (TSE:ARIS)

Dec 17

Is GCM Mining (TSE:GCM) Using Too Much Debt?

Sep 21

GCM Mining (TSE:GCM) Is Due To Pay A Dividend Of $0.015

Aug 20

GCM Mining (TSE:GCM) Has Announced A Dividend Of $0.015

Jul 21

GCM Mining (TSE:GCM) Will Pay A Dividend Of CA$0.015

Jun 29

GCM Mining (TSE:GCM) Will Pay A Dividend Of CA$0.015

May 20

These 4 Measures Indicate That GCM Mining (TSE:GCM) Is Using Debt Extensively

May 11

Financial Position Analysis

Short Term Liabilities: ARIS's short term assets ($235.9M) exceed its short term liabilities ($125.4M).

Long Term Liabilities: ARIS's short term assets ($235.9M) do not cover its long term liabilities ($586.5M).

Debt to Equity History and Analysis

Debt Level: ARIS's net debt to equity ratio (22%) is considered satisfactory.

Reducing Debt: ARIS's debt to equity ratio has reduced from 35.8% to 33.1% over the past 5 years.

Debt Coverage: ARIS's debt is well covered by operating cash flow (23.9%).

Interest Coverage: ARIS's interest payments on its debt are well covered by EBIT (6.2x coverage).

Aris Mining Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Is Aris Mining (TSE:ARIS) Using Too Much Debt?

These 4 Measures Indicate That Aris Mining (TSE:ARIS) Is Using Debt Extensively

Is Aris Mining (TSE:ARIS) Using Too Much Debt?

Is GCM Mining (TSE:GCM) Using Too Much Debt?

These 4 Measures Indicate That GCM Mining (TSE:GCM) Is Using Debt Extensively

Recent updates

Executive Vice President exercised options and sold CA$494k worth of stock

Chief Financial Officer recently bought CA$133k worth of stock

Investor sentiment improves as stock rises 20%

Insider recently sold CA$847k worth of stock

Second quarter 2024 earnings released: EPS: US$0.038 (vs US$0.061 in 2Q 2023)

Aris Mining Announces High Grade Drill Results from Ongoing 2024 Exploration Drilling Program at its Segovia Operations in Colombia

Aris Mining Corporation to Report Q2, 2024 Results on Aug 13, 2024

Aris Mining Corporation (TSE:ARIS) Might Not Be As Mispriced As It Looks

Aris Mining Holdings Corp. entered into a binding agreement to acquire Soto Norte Gold project from AUX Colombia Ltda. for approximately $90 million.

Aris Mining Holdings Corp. entered into a binding agreement to acquire Soto Norte Gold project from AUX Colombia Ltda.

We Think That There Are Issues Underlying Aris Mining's (TSE:ARIS) Earnings

First quarter 2024 earnings released: US$0.005 loss per share (vs US$0.04 loss in 1Q 2023)

Insider recently bought CA$396k worth of stock

Aris Mining Corporation to Report Q1, 2024 Results on May 14, 2024

New minor risk - Shareholder dilution

Even With A 28% Surge, Cautious Investors Are Not Rewarding Aris Mining Corporation's (TSE:ARIS) Performance Completely

Director exercised options to buy CA$533k worth of stock.

Director recently sold CA$537k worth of stock

Director recently sold CA$83k worth of stock

Is Aris Mining (TSE:ARIS) Using Too Much Debt?

Aris Mining Corporation, Annual General Meeting, May 16, 2024

Aris Mining Corporation to Report Fiscal Year 2023 Results on Mar 06, 2024

Aris Mining Corporation Appoints Two Independent Directors

Investor sentiment deteriorates as stock falls 15%

Aris Mining Corporation's (TSE:ARIS) Share Price Matching Investor Opinion

Aris Mining Corporation Provides Production Guidance for the Year 2024

Aris Mining Corporation Provides NI 43-101 Technical Report for the Segovia Operations, Antioquia, Colombia

Aris Mining Corporation Announces Updated Mineral Reserve Estimates for Its Segovia Operations in Colombia

Consensus EPS estimates increase by 22%

Aris Mining Corporation Announces Updated Mineral Reserve Estimates for Its Segovia Operations in Colombia

Investor sentiment improves as stock rises 20%

Aris Mining Corporation Provides Production Guidance for the Full Year 2023

Aris Mining Corporation Announces Updated Mineral Resource Estimate for Its Segovia Operations in Colombia Effective September 30, 2023

Aris Mining Corporation to Report Q3, 2023 Results on Nov 08, 2023

New major risk - Revenue and earnings growth

These 4 Measures Indicate That Aris Mining (TSE:ARIS) Is Using Debt Extensively

Aris Mining Corporation Announces High Grade Drill Results from Ongoing Segovia Operations Exploration Program

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: US$0.061 (vs US$0.40 in 2Q 2022)

CEO & Director recently bought CA$403k worth of stock

Is Aris Mining (TSE:ARIS) Using Too Much Debt?

First quarter 2023 earnings released: US$0.04 loss per share (vs US$0.054 profit in 1Q 2022)

Director recently sold CA$275k worth of stock

High number of new and inexperienced directors

Consensus EPS estimates increase by 13%

Full year 2022 earnings: EPS and revenues miss analyst expectations

Executive Vice President & CFO recently bought CA$77k worth of stock

Consensus EPS estimates increase by 14%, revenue downgraded

Aris Mining Corporation Provides Production Guidance for the Year 2023

Independent Director recently sold CA$1.6m worth of stock

Now 21% undervalued after recent price drop

Estimating The Intrinsic Value Of Aris Mining Corporation (TSE:ARIS)

Now 21% undervalued

Third quarter 2022 earnings released: US$0.48 loss per share (vs US$0.26 profit in 3Q 2021)

Aris Mining Corporation Updates Mineral Resource and Reserve Estimates and Preliminary Feasibility Study for Marmato Expansion Project

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Aris Mining Corporation Announces the Board of Directors and Leadership Team

Investor sentiment improved over the past week

GCM Mining Corp. (TSX:GCM) completed the acquisition of the remaining 55.7% stake in Aris Gold Corporation.

Is GCM Mining (TSE:GCM) Using Too Much Debt?

Now 20% undervalued after recent price drop

Upcoming dividend of CA$0.015 per share

GCM Mining (TSE:GCM) Is Due To Pay A Dividend Of $0.015

GCM Mining Declares September 15, 2022 Dividend, Payable on September 15, 2022

Second quarter 2022 earnings released: EPS: US$0.40 (vs US$0.41 in 2Q 2021)

GCM Mining Corp. Provides Production Guidance for the Year 2022

GCM Mining Corp. (TSX:GCM) entered into a definitive agreement to acquire remaining 55.7% stake in Aris Gold Corporation (TSX:ARIS) for approximately $100 million.

Upcoming dividend of CA$0.015 per share

GCM Mining Corp. to Report Q2, 2022 Results on Aug 11, 2022