Aris Mining Corporation(ARIS)

Top Performer Top performer
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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
4-STAR RATING
PASS
LAST CLOSE
$17.33
10/09/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Simulated performance—not actual client returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for methodology, assumptions, and limitations.

Upturn Advisory & Investor View for ARIS

10/09/2026: ARIS (4-star) is currently NOT-A-BUY. Pass it for now.

Aris Mining Corporation is a mid-tier gold producer with high-grade underground operations primarily in Colombia. The company’s primary strength lies in its established infrastructure and experienced leadership team, which is focused on scaling production through development projects like the Marmato Lower Mine. Its main growth opportunity centers on increasing output from its high-grade assets to benefit from current market gold trends. Risks include geographic concentration in a single country, inherent underground mining complexities, and capital-intensive development timelines. The stock may best suit growth-oriented investors interested in gold producers with expansion potential, though investors should monitor permitting updates and production milestones closely.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company is actively investing in expanding production capacity at its key mining projects.
Momentum investorMixed fitFit is conditional on a positive trend in gold prices and successful project execution milestones.
Value investorMixed fitValuation depends on long-term reserve replacement and the success of current development projects.
Dividend investorWeak fitThe company prioritizes capital expenditure for growth over consistent dividend distributions.
Low-risk investorWeak fitGold mining entails inherent geological, operational, and jurisdictional risks.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighGold price fluctuations directly impact the profitability and cash flow of the mining business.
Valuation riskMediumValuation depends on successful execution of projects like the Marmato expansion.
Competition risk (gold mining)MediumThe company faces competition for quality assets and human capital from larger global miners.
Business qualityMediumOperational success relies on sustaining high-grade output from specific underground mines.
Dividend incomeLowIncome investors should not expect significant regular dividends given the current growth focus.
Execution riskMedium / highDelays in development or permitting could materially impact growth projections and financial performance.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit 443.86%
Avg. Invested days 71
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/09/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
ARIS receives a 4-star rating, supported by solid unit economics, solid company fundamentals, and solid analyst coverage. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
ARIS has solid overall fundamentals (4 stars), with solid financial health, strong growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+218.7%) and solid cash generation (FCF margin 7.5%) are partially offset by soft profitability (net margin 8.4%), modest insider ownership of 1.94%.

Financial Health Rating

★★★★★
ARIS's financial health is supported by solid cash strength, including free-cash-flow generation (7.5% of revenue). Liquidity is moderate (3 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is ARIS's strongest growth driver at +218.7% FY2025 versus FY2024 (strong, 5 stars). Revenue growth (+81.7%, strong) and free-cash-flow growth (+190.3%, strong) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 74.2% and approximately 97.8% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 1.94% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

Van Eck Associates Corporation 7.32%
Fidelity International Ltd 4.72%
Mmcap International Inc. Spc 3.31%
Connor Clark & Lunn Inv Mgmt Ltd 2.90%
Vanguard Capital Management, LLC 2.87%

Unit Economics (Per $1K Revenue)

★★★★★
ARIS generates approximately $496 of gross profit, $385 of operating income, and $75 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Solid margins and moderate cash conversion support the rating, although capital efficiency remains moderate.

Economic Dimensions

★★★★★
Effective Tax Rate: 61.68%

Quantitative Style Profile

★★★★★
ARIS has a high-quality, liquid profile. Weak momentum is the primary drawback, while elevated volatility.

Style Classification

Quality Focused

Value-OrientedQuality TiltHigh VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.46B USD
Price to earnings Ratio 12.06
1Y Target Price 37
Price to earnings Ratio 12.06
1Y Target Price 37
Volume (30-day avg) 1.6M shares
Beta 2.08
52 Weeks Range 8.75 - 23.29
Updated Date 10/09/2026
52 Weeks Range 8.75 - 23.29
Updated Date 10/09/2026
Dividends yield (FY) -
Basic EPS (TTM) 1.39

How Company Makes Money

Business areaWhat it includesRetail investor read
Gold Mining (Colombia)Production and sale of gold from Segovia and Marmato operations.The company earns money by extracting and selling gold; profitability depends on production costs versus the market price of gold.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE 12.06
Forward PE 6.05
Enterprise Value 3.98B
Price to Sales(TTM) 2.73
Enterprise Value 3.98B
Price to Sales(TTM) 2.73
Enterprise Value to Revenue 3.14
Enterprise Value to EBITDA 6.93
Shares Outstanding 206.43M
Shares Floating 201.85M
Shares Outstanding 206.43M
Shares Floating 201.85M
Percent Insiders 1.94
Percent Institutions 74.22

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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