Balance Sheet Dive: Aris Mining Corp (ARMN)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

Kevin Freeman

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After finishing at $9.19 in the prior trading day, Aris Mining Corp (AMEX: ARMN) closed at $9.51, up 3.48%. In other words, the price has increased by $3.48 from its previous closing price. On the day, 10.53 million shares were traded. ARMN stock price reached its highest trading level at $9.775 during the session, while it also had its lowest trading level at $9.175.

Ratios:

Our goal is to gain a better understanding of ARMN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 417.47. For the most recent quarter (mrq), Quick Ratio is recorded 1.85 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.53.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARMN now has a Market Capitalization of 1966344960 and an Enterprise Value of 2425187072. As of this moment, Aris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 289.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 1.91. Its current Enterprise Value per Revenue stands at 3.75 whereas that against EBITDA is 9.921.

Stock Price History:

The Beta on a monthly basis for ARMN is 0.74, which has changed by 0.952772 over the last 52 weeks, in comparison to a change of 0.1653893 over the same period for the S&P500. Over the past 52 weeks, ARMN has reached a high of $9.95, while it has fallen to a 52-week low of $3.29. The 50-Day Moving Average of the stock is 20.62%, while the 200-Day Moving Average is calculated to be 68.86%.

Shares Statistics:

The stock has traded on average 1.54M shares per day over the past 3-months and 2611640 shares per day over the last 10 days, according to various share statistics. A total of 187.19M shares are outstanding, with a floating share count of 174.04M. Insiders hold about 14.00% of the company’s shares, while institutions hold 55.00% stake in the company. Shares short for ARMN as of 1756425600 were 2758979 with a Short Ratio of 1.79, compared to 1753920000 on 3230568.

Revenue Estimates

A total of 3 analysts have provided revenue estimates for ARMN’s current fiscal year. The highest revenue estimate was $881.8M, while the lowest revenue estimate was $791.4M, resulting in an average revenue estimate of $834.73M. In the same quarter a year ago, actual revenue was $510.6MBased on 3 analysts’ estimates, the company’s revenue will be $1.29B in the next fiscal year. The high estimate is $1.37B and the low estimate is $1.15B.

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