Aris Mining Corporation Forecasted to Earn Q3 2024 Earnings of $0.22 Per Share (TSE:ARI)

Aris Mining Corporation (TSE:ARI) – Stock analysts at Cormark lowered their Q3 2024 earnings per share (EPS) estimates for Aris Mining in a research note issued to investors on Wednesday, October 9th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.22 for the quarter, down from their previous estimate of $0.35. Cormark also issued estimates for Aris Mining’s Q4 2024 earnings at $0.26 EPS, FY2024 earnings at $0.64 EPS, FY2025 earnings at $1.63 EPS and FY2026 earnings at $2.69 EPS.

Aris Mining (TSE:ARI) last issued its quarterly earnings results on Tuesday, August 13th. The company reported C$0.11 earnings per share for the quarter, missing the consensus estimate of C$0.21 by C($0.10). The business had revenue of C$160.34 million during the quarter.

Aris Mining Price Performance

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In other news, Director Douglas John Bowlby sold 47,400 shares of the firm’s stock in a transaction on Thursday, September 19th. The shares were sold at an average price of C$6.53, for a total value of C$309,522.00. In other news, Director Douglas John Bowlby sold 47,400 shares of the company’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of C$6.53, for a total transaction of C$309,522.00. Also, Senior Officer Ashley Baker sold 20,000 shares of the stock in a transaction dated Monday, August 19th. The shares were sold at an average price of C$6.13, for a total value of C$122,600.00. Insiders sold 263,614 shares of company stock worth $1,672,371 in the last 90 days.

About Aris Mining

Apollo Commercial Real Estate Finance, Inc (NYSE: ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, Inc, a leading global alternative investment manager with approximately $433 billion of assets under management at September 30, 2020.