Market Recap: Aris Mining Corp (ARMN)’s Negative Momentum%, Closing at $10.96

Kiel Thompson

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The closing price of Aris Mining Corp (AMEX: ARMN) was $10.96 for the day, down -0.72% from the previous closing price of $11.04. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 1.34 million shares were traded. ARMN stock price reached its highest trading level at $11.24 during the session, while it also had its lowest trading level at $10.875.

Ratios:

Our analysis of ARMN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 481.12. 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 2220344064 and an Enterprise Value of 2718667008. As of this moment, Aris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 333.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.43 while its Price-to-Book (P/B) ratio in mrq is 2.21. Its current Enterprise Value per Revenue stands at 4.203 whereas that against EBITDA is 11.122.

Stock Price History:

The Beta on a monthly basis for ARMN is 0.73, which has changed by 1.273859 over the last 52 weeks, in comparison to a change of 0.13033986 over the same period for the S&P500. Over the past 52 weeks, ARMN has reached a high of $11.22, while it has fallen to a 52-week low of $3.29. The 50-Day Moving Average of the stock is 21.88%, while the 200-Day Moving Average is calculated to be 75.50%.

Shares Statistics:

ARMN traded an average of 1.72M shares per day over the past three months and 1397440 shares per day over the past ten days. 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 56.74% stake in the company. Shares short for ARMN as of 1759190400 were 1471657 with a Short Ratio of 0.86, compared to 1756425600 on 2758979.

Revenue Estimates

It is expected that $90B in revenue will be generated in. The current quarter, according to 2 analysts. It ranges from a high estimate of $261M to a low estimate of $257.4M. As of. The current estimate, Aris Mining Corp’s year-ago sales were $134.72M

A total of 2 analysts have provided revenue estimates for ARMN’s current fiscal year. The highest revenue estimate was $929.9M, while the lowest revenue estimate was $853M, resulting in an average revenue estimate of $891.45M. In the same quarter a year ago, actual revenue was $510.6MBased on 2 analysts’ estimates, the company’s revenue will be $1.43B in the next fiscal year. The high estimate is $1.72B and the low estimate is $1.15B.

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