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VANCOUVER - Aris Mining Corporation (TSX:ARIS) (NYSE-A:ARMN), a mining company with a market capitalization of $1.44 billion, produced 113,415 ounces of gold in the first half of 2025, representing a 13% increase compared to the same period last year, according to a company statement released Monday. The company’s stock has delivered an impressive 61% return over the past year, according to InvestingPro data.
The mining firm said it remains on track to meet its full-year production guidance of 230,000 to 275,000 ounces, with output expected to be weighted toward the second half of the year following the commissioning of its expanded Segovia mill in June. With a healthy gross profit margin of 58.55% and strong liquidity position indicated by a current ratio of 1.87, InvestingPro analysis suggests the company is well-positioned to execute its growth strategy. Investors can access detailed financial health metrics and 6 additional ProTips with an InvestingPro subscription.
Second-quarter gold production reached 58,652 ounces, a 7% increase from the first quarter, while gold sales rose 12% to 61,024 ounces quarter-over-quarter. The company’s next earnings report is scheduled for July 30, 2025, where investors can expect updates on its EBITDA, which stood at $190.03 million for the last twelve months.
The company’s Segovia Operations produced 99,076 ounces in the first half, up 12% year-over-year, while the Marmato Narrow Vein Zone delivered 14,339 ounces, representing a 26% increase from the same period in 2024. This operational growth aligns with the company’s overall revenue growth of 12.03% over the last twelve months.
"The commissioning of our second mill at Segovia marked a major milestone in our growth strategy," said Neil Woodyer, CEO of Aris Mining, in the press release. He noted that the Segovia mill expansion was completed on time and within budget.
The expanded Segovia mill is now in the process of ramping up to 3,000 tonnes per day, which will increase the company’s production capacity. The facility processed an average of 1,971 tonnes per day during the first half of 2025.
Aris Mining operates two underground gold mines in Colombia - the Segovia Operations and the Marmato Complex. The company also holds a 51% stake in the Soto Norte joint venture in Colombia and owns the Toroparu gold/copper project in Guyana.
In other recent news, Aris Water Solutions reported its Q1 2025 financial results, exceeding both earnings and revenue expectations. The company achieved an earnings per share of $0.35, surpassing the forecast of $0.30, and reported revenue of $120.49 million against the expected $114.12 million. Despite the strong financial performance, concerns over future guidance and macroeconomic conditions led to a decline in the company’s stock. Meanwhile, Citi analysts adjusted their price target for Aris Water Solutions, reducing it to $26 from $28, while maintaining a Neutral rating, citing potential slower growth in the Permian Basin due to declining commodity prices. Similarly, Raymond James lowered its price target to $30 from $33 but maintained an Outperform rating, emphasizing the company’s strengths in the Permian water services industry. Additionally, Aris Water Solutions announced the election of three Class I Directors at its 2025 Annual Meeting of Stockholders and confirmed BDO USA, P.C. as its independent auditor. In another development, Lennox International formed a joint venture with Ariston Group to introduce a new line of residential water heaters in North America, highlighting strategic growth in the HVACR industry.
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