Gold prices just lower; monthly gains on track
Yorktown Energy Partners XI, L.P., a significant stakeholder in Aris Water Solutions , Inc. (NYSE:ARIS), executed a notable transaction on March 17, 2025. The firm sold one million shares of Class A common stock at a price of $27.7 per share, resulting in a total sale value of $27.7 million. The stock has since climbed to $31.85, marking a remarkable 139.6% gain over the past year and trading near its 52-week high of $32.56. According to InvestingPro analysis, the company currently commands a market capitalization of $1.7 billion. This transaction leaves Yorktown Energy Partners with no remaining shares of Aris Water’s Class A common stock. The transaction was part of a series of moves involving the redemption of Class B common stock and Solaris Midstream Holdings, LLC units, which were exchanged for Class A common stock. InvestingPro subscribers can access 13 additional key insights about ARIS, including detailed valuation metrics and growth prospects, through the comprehensive Pro Research Report available for this stock.
In other recent news, Ares Mining reported impressive Q4 2024 results, with revenue reaching $118.61 million, surpassing the forecast of $108.95 million. Despite a slight miss on earnings per share (EPS) at $0.29 against the anticipated $0.32, the company saw a robust performance overall. Ares Mining produced 57,364 ounces of gold in the quarter, contributing to a full-year production of 211,000 ounces. The company announced plans to expand its Segovia and Marmato facilities, aiming to boost production capabilities. Analysts have noted Ares Mining’s strong financial position, with a year-end cash balance of $253 million. The company projects consolidated gold production for 2025 to be between 230,000 and 275,000 ounces. Future EPS forecasts for 2025 and 2026 indicate growth, with projections of $1.42 and $2.05, respectively. These developments highlight Ares Mining’s strategic focus on growth and operational efficiency.
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