Aris Mining Full Year 2022 Earnings: Misses Expectations

Aris Mining (TSE:ARIS) Full Year 2022 Results

Key Financial Results

• Net income: US$622.0k (down 100% from FY 2021).
• EPS: US$0.006 (down from US$2.25 in FY 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Aris Mining Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 97%.

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are up 7.1% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for Aris Mining (1 is a bit concerning!) that you should be aware of.

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