In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Aris Mining Corp’s stock clocked out at $16.43, down -1.38% from its previous closing price of $16.66. In other words, the price has decreased by -$1.38 from its previous closing price. On the day, 1.17 million shares were traded. ARMN stock price reached its highest trading level at $16.99 during the session, while it also had its lowest trading level at $16.2013.
Ratios:
To gain a deeper understanding of ARMN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.75. For the most recent quarter (mrq), Quick Ratio is recorded 2.16 and its Current Ratio is at 2.42. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.41.
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 3347880192 and an Enterprise Value of 3721708032. As of this moment, Aris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 65.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.32 while its Price-to-Book (P/B) ratio in mrq is 2.95. Its current Enterprise Value per Revenue stands at 4.832 whereas that against EBITDA is 11.493.
Stock Price History:
The Beta on a monthly basis for ARMN is 0.67, which has changed by 3.6536312 over the last 52 weeks, in comparison to a change of 0.13927746 over the same period for the S&P500. Over the past 52 weeks, ARMN has reached a high of $16.78, while it has fallen to a 52-week low of $3.29. The 50-Day Moving Average of the stock is 34.22%, while the 200-Day Moving Average is calculated to be 99.16%.
Shares Statistics:
It appears that ARMN traded 1.57M shares on average per day over the past three months and 2292600 shares per day over the past ten days. A total of 202.66M shares are outstanding, with a floating share count of 197.84M. Insiders hold about 2.40% of the company’s shares, while institutions hold 65.63% stake in the company. Shares short for ARMN as of 1764288000 were 890748 with a Short Ratio of 0.57, compared to 1761868800 on 731039.
Revenue Estimates
A total of 3 analysts have provided revenue estimates for ARMN’s current fiscal year. The highest revenue estimate was $948M, while the lowest revenue estimate was $912.4M, resulting in an average revenue estimate of $929.37M. In the same quarter a year ago, actual revenue was $510.6MBased on 2 analysts’ estimates, the company’s revenue will be $1.59B in the next fiscal year. The high estimate is $1.6B and the low estimate is $1.57B.
