ARMN

Basic Materials

Aris Mining Corporation · Gold · $4B

UQS Score — Balanced Preset
62.5
Good

Aris Mining Corporation scores 62.5/100 using the Balanced preset.

UQS vs Basic Materials Sector
ARMN
62.5
Sector avg
38.2
Quality
Good
Moat
Weak
Growth
Strong
Risk
Good
Valuation
Attractive

What is Aris Mining Corporation?

Aris Mining Corporation is a mid-cap gold and silver mining company headquartered in Vancouver, Canada. The company operates producing underground mines in Colombia and holds development-stage assets across the Americas.

Aris Mining generates revenue by acquiring, exploring, developing, and operating gold and silver properties. Its primary cash-flowing asset is the Segovia operations in Colombia — a cluster of high-grade underground mines. Beyond Segovia, the company is advancing the Marmato project in Colombia, the Juby project in Ontario, Canada, and the Toroparu project in Guyana's western gold district, positioning itself for longer-term production growth.

Formerly known as GCM Mining Corp., the company was established in 2010 and rebranded as Aris Mining Corporation in September 2022.

  • Segovia underground gold mining operations in Colombia
  • Marmato gold development project in Colombia
  • Toroparu gold project in the Guyana gold district
  • Juby exploration project in Ontario, Canada

Is ARMN a Good Stock to Buy?

UQS Score rates ARMN as Good overall, reflecting a balanced but developing investment profile.

The Growth pillar stands out as the clearest positive — Aris Mining is expanding its production base across multiple jurisdictions, which supports a constructive fundamental trajectory. The Risk pillar also registers as Good, suggesting the company's financial and operational risk profile is managed reasonably well relative to sector peers.

The Moat pillar is rated Weak, which is common among mid-tier miners that lack the scale or unique cost advantages of major producers. The Quality pillar sits at Neutral, indicating room for improvement in earnings consistency.

See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does ARMN pay dividends?

No — Aris Mining Corporation does not currently pay a dividend.

Aris Mining does not currently pay a dividend. For a growth-oriented miner with active development projects across Colombia, Guyana, and Canada, this is typical — available capital tends to be directed toward advancing those assets and expanding production capacity rather than returning cash to shareholders.

When does ARMN report earnings?

Aris Mining reports earnings on a quarterly cadence, consistent with standard practice for TSX and NYSE American-listed mining companies.

Revenue and production results are closely tied to gold prices and throughput from the Segovia operations. Growth in the development pipeline at Marmato and Toroparu is a key narrative investors track alongside quarterly output figures.

For the most recent quarter's results, visit Aris Mining Corporation's investor relations page directly.

ARMN Price History

+823.3% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Aris Mining Corporation?

$
Today it would be worth
$37,971
That's a +280% total return, or +280% annualized.

Based on Aris Mining Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

ARMN Long-term Outlook

The Strong Growth pillar suggests Aris Mining's fundamental trajectory is oriented toward expanding output and asset value over the medium term. The Attractive Valuation pillar indicates the market may not yet be fully pricing in that growth potential. However, the Weak Moat pillar is a reminder that gold miners generally compete on cost and scale rather than durable pricing power, which can compress returns during commodity downturns.

Growth drivers

  • Advancing the Marmato and Toroparu projects toward production
  • Sustained high-grade output from the Segovia underground mines
  • Exposure to gold price tailwinds in a favorable commodity environment

Key risks

  • Geopolitical and operational risk from Colombian and Guyanese jurisdictions
  • Gold price volatility directly affecting revenue and project economics
  • Execution risk on multiple simultaneous development-stage projects

ARMN vs Peers

Aris Mining operates in a competitive mid-tier gold mining space alongside several peers with distinct geographic and operational profiles.

WDO.TOARMN scores lower
Wesdome Gold Mines Ltd.

Wesdome focuses on high-grade Canadian underground operations, offering investors a lower geopolitical risk profile compared to Aris Mining's Latin American footprint.

HYMCARMN scores higher
Hycroft Mining Holding Corporation

Hycroft is a US-based gold and silver development-stage company, carrying a higher-risk, pre-production profile relative to Aris Mining's operating mines.

CGAUSimilar UQS
Centerra Gold Inc.

Centerra is a larger, more diversified gold producer with assets across multiple continents, giving it greater scale than Aris Mining's current portfolio.

Frequently Asked Questions

What does Aris Mining Corporation do?

Aris Mining acquires, explores, develops, and operates gold and silver properties. Its flagship producing asset is the Segovia operations in Colombia, comprising several underground mines. The company also holds development-stage projects in Colombia, Guyana, and Ontario, Canada.

Does ARMN pay dividends?

Aris Mining does not currently pay a dividend. As a growth-focused miner with several projects in development, the company prioritizes reinvesting capital into advancing its asset base rather than distributing cash to shareholders.

When does ARMN report earnings?

Aris Mining follows a quarterly reporting cadence. The company does not pre-announce exact dates far in advance, so investors should check the investor relations section of the Aris Mining website for the latest schedule.

Is ARMN a good stock to buy?

UQS Score rates ARMN as Good overall. The Growth and Risk pillars are relative strengths, while the Moat and Quality pillars temper the overall picture. Whether it fits your portfolio depends on your risk tolerance and exposure to gold mining. The full pillar breakdown is available to Pro members.

Is ARMN overvalued?

The UQS Valuation pillar for ARMN is rated Attractive, suggesting the stock may be reasonably priced or even undervalued relative to its fundamentals and growth profile. Valuation in mining stocks can shift quickly with gold prices, so ongoing monitoring matters.

How does ARMN compare to its competitors?

Compared to peers like Wesdome, Hycroft, and Centerra Gold, Aris Mining offers a blend of operating mines and development-stage growth assets. Its Colombian and Guyanese exposure differentiates it geographically, though that also introduces jurisdiction-specific risk not present in purely Canadian or US-focused peers.

What is ARMN's market cap bracket?

Aris Mining is classified as a mid-cap company. This places it above the smaller exploration-stage miners but below the major senior gold producers, reflecting its mix of producing operations and development-stage projects.

Who founded Aris Mining Corporation?

The company was originally founded in 2010 under the name GCM Mining Corp. and rebranded as Aris Mining Corporation in September 2022. For detailed founding history and leadership information, the company's official website and public filings are the most reliable sources.

Is ARMN a long-term quality indicator?

From a UQS perspective, the Strong Growth pillar and Attractive Valuation suggest potential long-term upside, but the Weak Moat rating is a caution flag — gold miners without a durable cost or scale advantage can struggle to sustain returns through full commodity cycles. Long-term quality depends heavily on project execution.

What is the main competitive advantage of Aris Mining?

Aris Mining's primary operational edge comes from the high-grade nature of its Segovia underground mines in Colombia, which have historically produced gold at grades well above many open-pit peers. The company is also building optionality through its pipeline of development projects across multiple jurisdictions.

What sector does ARMN belong to?

Aris Mining operates in the Basic Materials sector, specifically within gold and silver mining. Investors in this sector are often seeking commodity exposure, inflation hedging, or portfolio diversification through precious metals.

Is ARMN a growth stock or value stock?

Based on UQS pillar labels, ARMN leans toward growth — the Growth pillar is rated Strong and the Valuation pillar is Attractive, which is a combination that can appeal to investors looking for expansion potential at a reasonable price. It does not fit the profile of a traditional value or income stock.

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Pro Analysis

ARMN — Score History

5055606570Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 26 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 22, 202662.563.420.085.077.786.4+0.1
May 21, 202662.463.320.085.077.786.3+0.3
May 14, 202662.162.220.085.077.785.8+0.2
May 12, 202661.962.020.085.077.784.7+5.6
May 7, 202656.344.220.085.071.283.4-0.2
May 6, 202656.544.720.085.071.284.30.0
May 5, 202656.544.720.085.071.284.10.0
May 4, 202656.544.620.085.071.284.1+0.1
May 3, 202656.444.620.085.071.284.1-0.1
May 2, 202656.544.620.085.071.284.6-0.1

ARMN — Pillar Breakdown

Quality

63.4/100 (25%)

Aris Mining Corporation shows solid profitability with healthy returns on capital and reasonable margins.

Capital Efficiency (ROIC)Moderate

How effectively capital is deployed to generate returns.

Return on EquityModerate

Profitability relative to shareholders' equity.

Operating ProfitabilityStrong

Ability to convert revenue into operating profit.

Net ProfitabilityStrong

Bottom-line profit as a share of revenue.

Gross Profit / AssetsModerate

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationModerate

Free cash flow relative to market value.

Growth

85.0/100 (20%)

Aris Mining Corporation is growing rapidly with strong revenue and earnings expansion.

Recent Revenue TrendStrong

Revenue trajectory over the last twelve months.

3Y Revenue CAGRStrong

Compound annual revenue growth rate over 3 years.

EPS GrowthStrong

Year-over-year earnings per share growth.

Forward Revenue OutlookStrong

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

77.7/100 (15%)

Aris Mining Corporation carries minimal financial risk with conservative leverage and strong solvency.

Financial LeverageStrong

Debt levels relative to earnings capacity.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioModerate

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageStrong

Earnings capacity relative to interest payments.

Valuation

86.9/100 (15%)

Aris Mining Corporation appears attractively valued relative to its earnings, cash flows, and sector peers.

Earnings YieldStrong

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowModerate

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorStrong

Enterprise value multiple relative to sector median.

Moat

20/100 (25%)

Aris Mining Corporation operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for ARMN.

Score Composition

Quality
63.4×25%15.8
Growth
85.0×20%17.0
Risk
77.7×15%11.7
Valuation
86.9×15%13.0
Moat
20.0×25%5.0
Total
62.5Good

Financial Data

More Stock Analysis

How is the ARMN UQS Score Calculated?

The UQS (Unified Quality Score) for Aris Mining Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Aris Mining Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Aris Mining Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.