Aris Mining Q3 EPS Lowered by National Bank Financial

Aris Mining Corporation (TSE:ARI) – Equities researchers at National Bank Financial lowered their Q3 2024 earnings per share estimates for shares of Aris Mining in a research report issued on Tuesday, October 22nd. National Bank Financial analyst D. Demarco now expects that the company will post earnings per share of $0.15 for the quarter, down from their previous estimate of $0.19.

Aris Mining Stock Performance

Aris Mining (TSE:ARI) last released its earnings results on Tuesday, August 13th. The company reported C$0.11 earnings per share for the quarter, missing the consensus estimate of C$0.21 by C($0.10). The business had revenue of C$160.34 million for the quarter.

Insider Buying and Selling at Aris Mining

In other news, Senior Officer Ashley Baker sold 20,000 shares of the stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of C$6.13, for a total transaction of C$122,600.00. In other Aris Mining news, Director Douglas John Bowlby sold 42,993 shares of the company’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of C$6.55, for a total value of C$281,604.15. Also, Senior Officer Ashley Baker sold 20,000 shares of Aris Mining stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of C$6.13, for a total value of C$122,600.00. Insiders sold a total of 263,614 shares of company stock worth $1,672,371 over the last ninety days.

About Aris Mining

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.