share_log

Cormark Comments on Aris Mining Corporation's FY2022 Earnings (TSE:ARI)

Defense World ·  Jan 26, 2023 01:33

Aris Mining Corporation (TSE:ARI – Get Rating) – Stock analysts at Cormark upped their FY2022 earnings per share (EPS) estimates for Aris Mining in a note issued to investors on Tuesday, January 24th. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $1.53 for the year, up from their previous forecast of $1.41. Cormark also issued estimates for Aris Mining's Q4 2022 earnings at $0.43 EPS, Q1 2023 earnings at $0.48 EPS, Q2 2023 earnings at $0.48 EPS, Q3 2023 earnings at $0.48 EPS, Q4 2023 earnings at $0.48 EPS and FY2023 earnings at $1.96 EPS.

Get Aris Mining alerts:

Separately, National Bank Financial restated an "outperform overweight" rating on shares of Aris Mining in a report on Wednesday, October 12th.

Aris Mining Price Performance

Aris Mining (TSE:ARI – Get Rating) last issued its quarterly earnings results on Monday, November 14th. The company reported C$0.26 earnings per share for the quarter, topping analysts' consensus estimates of C$0.25 by C$0.01. The company had revenue of C$122.53 million during the quarter.

Insiders Place Their Bets

In other Aris Mining news, Director Hernan Martinez sold 200,000 shares of the business's stock in a transaction that occurred on Tuesday, January 10th. The shares were sold at an average price of C$4.08, for a total value of C$816,000.00. Following the completion of the sale, the director now directly owns 573,301 shares of the company's stock, valued at C$2,339,068.08.

Aris Mining Company Profile

(Get Rating)

Apollo Commercial Real Estate Finance, Inc (NYSE: ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, Inc, a leading global alternative investment manager with approximately $433 billion of assets under management at September 30, 2020.

See Also

  • Two Dividend Kings: Johnson & Johnson or Abbott Laboratories?
  • Is The Bottom In For Cyber-Security Stocks?
  • Union Pacific, Norfolk Southern Pull into Buying Zone
  • Pliant Therapeutics Gaps 34% Higher: More Upside To Come?
  • How Will Early 2023 Layoffs Affect These 5 Biotech Stocks?

Receive News & Ratings for Aris Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aris Mining and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment