ARMN Earnings Prediction
The chart below shows how ARMN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ARMN sees a -8.30% change in stock price 10 days leading up to the earnings, and a +3.13% change 10 days following the report. On the earnings day itself, the stock moves by +2.78%. This data can give you a slight idea of what to expect for the next quarter's release.
ARMN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
134.72M
15.67%
14.97%
Gross Margin
31.52%
-0.79%
15.04%
Operating Margin
23.35%
-7.71%
16.87%
Net Margin
-1.65%
-113.89%
-133.81%
EPS
-0.01
-110.00%
-125.00%
No Data Available
ARMN Earnings Analysis
Aris Mining Corporation Corporation (ARMN.A) Earnings Conference Call
Positive
Gold Production Increase: 1. Increased Gold Production: Aris Mining produced 53,600 ounces of gold in Q3 2024, a 9% increase compared to Q2 2024.
Sustaining Margin Increase: 2. Higher All-in Sustaining Margins: The all-in sustaining margin at Segovia reached $44 million, a 37% increase from $32 million in Q2 2024.
Adjusted EBITDA Performance: 3. Strong Adjusted EBITDA Growth: Adjusted EBITDA for the 12 months ending September 30th was $147 million, reflecting robust operational performance.
Cash Position Improvement: 4. Significant Cash Position: The company strengthened its cash position to $266 million following the refinancing of its notes and receipt of stream funding.
Gold Revenue Increase: 5. Positive Revenue Growth: Gold revenue increased by 15% quarter-over-quarter to $131.6 million, driven by higher realized gold prices and sales volume.
Negative
Net Loss Reported: 1. Net Loss: Aris Mining reported a net loss of $2.2 million in Q3 2024, primarily due to a $12.8 million loss on financial instruments.
Warrant Liability Revaluation Expense: 2. Warrant Liability Expense: The revaluation of a warrant liability resulted in a non-cash expense of $11.4 million, driven by an increase in Aris Mining’s share price from C$5.17 to C$6.26 during the quarter.
Gold Loans Loss Impact: 3. Gold Loans Loss: The company incurred a $3.9 million loss on its gold loans notes due to the impact of gold price appreciation on the gold premium component of the notes.
Net Cash Outflow: 4. Cash Outflow: Aris Mining experienced a net cash outflow of $41.4 million in Q3 2024, resulting in a cash balance of $80.3 million at the end of the quarter.
Marmato Mine Construction Costs: 5. High Construction Costs: The estimated cost to complete the Marmato Lower Mine construction is $235 million, with $153 million remaining to be funded by the company.
ARMN FAQs
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ARMN Earning Call Sentiment
Aris Mining Corporation (ARMN) Q3 2024 Earnings Call Transcript
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00:00
00:00
ARMN.A
-4.51%Positive
Basic Financial Performance: 3 (Strong EBITDA and cash position, but net loss due to financial instrument losses). Product Development and Business Update: 3 (Progress in expansion, but unclear contract approvals). Market Strategy: 3 (Expansion plans but regulatory risks). Expenses and Financial Health: 2 (Increased costs and debt reliance). Shareholder Return Plan: 3 (Debt refinancing strengthens cash). Q&A reveals uncertainty in contract approvals, adding risk. Overall, mixed financial results and risks lead to a neutral outlook.
