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Brokers Issue Forecasts for Aris Mining Corporation’s Q1 2024 Earnings (TSE:ARI)


Aris Mining Corporation (TSE:ARIFree Report) – Equities research analysts at Cormark lowered their Q1 2024 EPS estimates for Aris Mining in a report issued on Wednesday, April 17th. Cormark analyst R. Gray now forecasts that the company will post earnings of $0.19 per share for the quarter, down from their previous forecast of $0.23. Cormark also issued estimates for Aris Mining’s FY2024 earnings at $0.88 EPS.

Aris Mining Price Performance

Aris Mining (TSE:ARIGet Free Report) last posted its quarterly earnings results on Wednesday, March 6th. The company reported C$0.12 earnings per share for the quarter, missing the consensus estimate of C$0.18 by C($0.06). The business had revenue of C$170.17 million for the quarter.

Insider Buying and Selling at Aris Mining

In other news, Senior Officer Oliver Dachsel acquired 25,799 shares of the firm’s stock in a transaction on Thursday, April 4th. The shares were purchased at an average price of C$3.68 per share, for a total transaction of C$94,940.32. In other Aris Mining news, Director Serafino Iacono sold 61,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of C$4.52, for a total value of C$275,982.30. Also, Senior Officer Oliver Dachsel acquired 25,799 shares of the firm’s stock in a transaction on Thursday, April 4th. The stock was purchased at an average price of C$3.68 per share, for a total transaction of C$94,940.32.

Aris Mining Company Profile

(Get Free Report)

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.

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