Aris Gold Corporation chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 3.81
Dividend & Yield0.18C$ (5.92%)
Beta 1.29
Market capitalization 427.28M
Operating cash flow 109.89M
ESG Scores unknown

Company description

Aris Mining Corporation together with its subsidiaries, engages in the acquisition, exploration, development, and operation of gold and silver properties primarily in Colombia. The company holds interests in the Segovia operations comprising the El Silencio, Providencia, and Sandra K underground mines located in Colombia. It also owns interest in the Zancudo project located in the Titiribí mining district of Antioquia. In addition, the company holds interests in the Marmato project in Colombia; Juby project located in Ontario, Canada; and Toroparu project in the western Guyana gold district. The company was formerly known as Gran Colombia Gold Corp. and changed its name to GCM Mining Corp. in November 2021. The company was formerly known as GCM Mining Corp. and changed its name to Aris Mining Corporation on September 26, 2022. Aris Mining Corporation is headquartered in Toronto, Canada.

Sector: Basic Materials - Industry: Other Precious Metals & Mining

Financial Ratios
Quick Ratio6.53
Working Capital-0.01
Return On Equity-0.01
Debt To Equity0.63
Fixed Asset Ratio0.51
Fixed Interest Cover-9.3

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 5.58M 5.91M 13.48M -3.08M
Total Cashflows From Investing Activities -38.67M -51.61M -72.31M -229.72M
Net Borrowings -7.6M -8.71M -42.69M 243.57M
Total Cash From Financing Activities -7.5M -4.04M -23.61M 359.67M
Change To Operating Activities 376k -771k -703k 602k
Issuance Of Stock 88k 15.36M 33.35M 687k
Net Income -3.38M -131.16M -4.65M 186.23M
Change In Cash 32.37M 48.59M 38.27M 201.06M
Effect Of Exchange Rate -1.11M -98k -2.18M -9.45M
Total Cash From Operating Activities 79.64M 104.34M 136.38M 80.55M
Depreciation 29.27M 207.78M 25.39M 31.99M
Change To Account Receivables -1.59M -1.25M -9.82M -9.99M
Other Cashflows From Financing Activities 16k -10.69M -8.84M 132.44M
Change To Netincome 33.02M 30.42M 118.71M -123.3M
Capital Expenditures -35.6M -42.66M -72.79M -63.47M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 17.29M -111.79M 38.05M 231.71M
Net Income -3.38M -131.16M -4.65M 186.23M
Selling General Administrative 17M 23.91M 29.44M 30.77M
Gross Profit 88.88M 136.92M 192.2M 170.05M
Ebit 69.99M -64.73M 153.34M 137.16M
Operating Income 69.99M -64.73M 153.34M 137.16M
Interest Expense -29.13M -8.12M -7.3M -12.72M
Income Tax Expense 20.67M 19.38M 65.62M 51.74M
Total Revenue 257.41M 313.01M 374.98M 369.93M
Cost Of Revenue 168.54M 176.09M 182.78M 199.88M
Total Other Income ExpenseNet -52.7M -47.06M -115.3M 94.55M
Net Income From Continuing Ops -3.38M -131.16M -27.57M 179.97M
Net Income Applicable To Common Shares -3.38M -131.16M -4.65M 186.23M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 204.18M 241.77M 454.34M 519.86M
Total Stockholder Equity 245.68M 117.65M 153.71M 478.53M
Other Current Liabilities 28.64M 46.12M 129.18M 28.57M
Total Assets 449.85M 359.42M 650.57M 998.38M
Common Stock 434.83M 446.01M 472.22M 626.04M
Other Current Assets 3.27M 10.6M 148.78M 4.48M
Retained Earnings -264.25M -395.42M -383.17M -212.39M
Treasury Stock -97.5M -109.05M -115.84M -112.44M
Cash 35.65M 84.24M 122.51M 323.56M
Total Current Liabilities 65.3M 86.85M 178.39M 64.31M
Other Stockholder Equity -97.5M -109.05M -115.84M -112.44M
Property, Plant, and Equipment 373.24M 207.49M 302.61M 455.78M
Total Current Assets 69.72M 136.91M 328.71M 381.97M
Net Tangible Assets 245.68M 117.65M 153.71M 478.53M
Net Receivables 13.49M 15.32M 24.19M 29.57M
Accounts Payable


Insider Transactions

Here are the insider transactions of stock shares related to Aris Gold Corporation:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Breytenbach (Tyron)Acquisition or disposition in the public market at price 2.20 per share.D2022-10-14Director or Senior Officer of 10% Security Holder10k
Breytenbach (Tyron)Acquisition or disposition in the public market at price 2.34 per share.D2022-09-28Director or Senior Officer of 10% Security Holder5k
Baker (Ashley)D2022-09-26Senior Officer of Issuer
Baker (Ashley)I2022-09-26Senior Officer of Issuer
Baker (Ashley)I2022-09-26Senior Officer of Issuer22.25k
Baker (Ashley)I2022-09-26Senior Officer of Issuer
Baker (Ashley)I2022-09-26Senior Officer of Issuer8k
Bowlby, Douglas JohnD2022-09-26Director of Issuer
Bowlby, Douglas JohnD2022-09-26Director of Issuer310k
Breytenbach (Tyron)D2022-09-26Director or Senior Officer of 10% Security Holder
Breytenbach (Tyron)D2022-09-26Director or Senior Officer of 10% Security Holder25k
Brown (Meghan Gail)D2022-09-26Senior Officer of Issuer
Brown (Meghan Gail)D2022-09-26Senior Officer of Issuer22.5k
Cambone (Daniela)D2022-09-26Director of Issuer
Cambone (Daniela)D2022-09-26Director of Issuer2.25k
Eckford (Robert)D2022-09-26Senior Officer of Issuer
Eckford (Robert)D2022-09-26Senior Officer of Issuer29.06k
Eckford (Robert)I2022-09-26Senior Officer of Issuer
Eckford (Robert)I2022-09-26Senior Officer of Issuer9.7k
Garofalo (David)D2022-09-26Director of Issuer
Garofalo (David)D2022-09-26Director of Issuer145.35k
Iacono (Serafino)I2022-09-26Director of Issuer219.28k
Marrone (Peter)D2022-09-26Director of Issuer
Marrone (Peter)D2022-09-26Director of Issuer225k
Marrone (Peter)I2022-09-26Director of Issuer
Marrone (Peter)I2022-09-26Director of Issuer1.08M
Martinez (Juan Jose Hernan)D2022-09-26Director of Issuer417.3k
Roux, Adriaan AlmeroD2022-09-26Director of Issuer
Roux, Adriaan AlmeroD2022-09-26Director of Issuer145.3k
Telfer (Ian William)D2022-09-26Director of Issuer
Telfer (Ian William)D2022-09-26Director of Issuer290.6k
Thomas (Richard)D2022-09-26Senior Officer of Issuer
Thomas (Richard)D2022-09-26Senior Officer of Issuer29k
Woodyer (Neil)D2022-09-26Director of Issuer
Woodyer (Neil)D2022-09-26Director of Issuer2.02M
Woodyer (Neil)I2022-09-26Director of Issuer
Woodyer (Neil)I2022-09-26Director of Issuer1.11M
Gran Colombia Gold CorpAcquisition or disposition in the public market at price 3.00 per share.D2022-06-14Issuer50k
Gran Colombia Gold CorpRedemption, retraction, cancelation, repurchase at price 3.11 per share.D2022-06-14Issuer15.4k
Gran Colombia Gold CorpRedemption, retraction, cancelation, repurchase at price 3.46 per share.D2022-06-06Issuer30k
Gran Colombia Gold CorpRedemption, retraction, cancelation, repurchase at price 4.25 per share.D2022-04-28Issuer100k
Labatte, Belinda ElaineAcquisition or disposition in the public market at price 4.30 per share.D2022-04-25Director of Issuer1.6k
Metcalfe (Robert)Acquisition or disposition in the public market at price 4.22 per share.D2022-04-25Director of Issuer1.44k
Perez, JaimeExercise of options at price 2.02 per share.D2022-04-11Director of Issuer25k
Perez, JaimeAcquisition or disposition in the public market at price 4.43 per share.D2022-04-11Director of Issuer25k
De La Campa, Miguel AngelExercise of options at price 2.04 per share.D2022-04-05Director of Issuer81.67k
Iacono (Serafino)Exercise of options at price 2.04 per share.I2022-04-05Director of Issuer88.33k
Gran Colombia Gold CorpRedemption, retraction, cancelation, repurchase at price 4.02 per share.D2021-12-29Issuer60.9k
Gran Colombia Gold CorpRedemption, retraction, cancelation, repurchase at price 4.04 per share.D2021-12-22Issuer10.9k
Gran Colombia Gold CorpRedemption, retraction, cancelation, repurchase at price 3.99 per share.D2021-12-21Issuer25k
Gran Colombia Gold CorpRedemption, retraction, cancelation, repurchase at price 3.94 per share.D2021-12-20Issuer25k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Aris Gold Corporation. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Aris Gold Corporation

Here is the result of two systematic investment strategies applied to Aris Gold Corporation. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Aris Gold Corporation

The following chart shows the equity curve of the two systematic investment strategies applied to Aris Gold Corporation:

Aris Gold Corporation automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 12.06% on the backtest period.

Performance at glance

Performance

12.06 %

Latent gain

90.31 C$

Invested capital

748.73 C$

Annualized return

9.14 %
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Momentum strategy results on Aris Gold Corporation

This is the result of two momentum investment strategies applied to Aris Gold Corporation. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Aris Gold Corporation

The following chart shows all the entries opened by the momentum investment system on Aris Gold Corporation:

Aris Gold Corporation momentum entries
  • The first momentum investment strategy would give 21.51% of return on Aris Gold Corporation. That represents 537.39C$ of latent gain with 2498.13C$ of employed capital.
  • The second momentum investment strategy would give 29.58% of return on Aris Gold Corporation. That represents 369.91C$ of latent gain with 1250.57C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

21.51 %

Latent gain

537.39 C$

Invested capital

2498.13 C$

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

29.58 %

Latent gain

369.91 C$

Invested capital

1250.57 C$

Annualized return

35.21 %

Momentum equity curve on Aris Gold Corporation

The following chart shows the equity curve of the two momentum strategies applied to Aris Gold Corporation:

Aris Gold Corporation momentum equity

Note: the dividends potentially given by Aris Gold Corporation are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Aris Gold Corporation

The following chart shows the employed capital evolution of the two momentum strategies on Aris Gold Corporation since the beginning:

Aris Gold Corporation

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on Aris Gold Corporation

Buy the dip entry openings on Aris Gold Corporation

Aris Gold Corporation

The performance achieved by the robo-advisor on Aris Gold Corporation is 0%. That represents 0.0$ of latent gain with 0.0C$ of employed capital. The following chart shows Aris Gold Corporation stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Aris Gold Corporation, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

-0.0 %

Equity curve of the strategy applied to Aris Gold Corporation

The following chart shows the result of the investment strategy applied to Aris Gold Corporation:

Aris Gold Corporation

Note: the dividends potentially given by Aris Gold Corporation are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Aris Gold Corporation

The following chart shows the employed capital evolution since the beginning of the investment strategy on Aris Gold Corporation:

Aris Gold Corporation

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Aris Gold Corporation

In this section, I will compare the three previous investment strategies applied to Aris Gold Corporation.

Equity curve comparison on Aris Gold Corporation

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Aris Gold Corporation investment strategy comparison

Employed capital comparison on Aris Gold Corporation

Aris Gold Corporation investment comparison

Performance comparison on Aris Gold Corporation

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 12.06% 90.31C$ 748.73C$ 9.14%
Momentum 1 quarter 21.51% 537.39C$ 2498.13C$ 19.92%
Momentum 2 quarters 29.58% 369.91C$ 1250.57C$ 35.21%
Non-directional 0% 0.0C$ 0.0C$ -0.0%
Annualized return comparison

Automatic investment

9.14 %

Momentum 1Q

35.21 %

Momentum 2Q

35.21 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Aris Gold Corporation:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Aris Gold Corporation and the other stocks. There may be false positives or some missing correlated stocks. If the price of Aris Gold Corporation does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Aris Gold Corporation
Country Canada
City Toronto
Address 401 Bay Street
Phone 416 360 4653
Website www.gcm-mining.com
FullTime employees 2081
Industry Other Precious Metals & Mining
Sector Basic Materials
Exchange XTSE
Ticker ARIS.XTSE
Market

Aris Gold Corporation ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown