Aris Mining Corp (ARIS)

[NYBob]

Gold Bounces Back After Six-Day Slump, Eyes Fed Comments

Gold prices rebounded on Monday after six consecutive sessions of losses, driven by a pause in the U.S. dollar’s rally.
The spot price is trading at $2,604.71 per ounce, up $41.46 and moving away from a two-month low hit on Thursday.
Silver is trading at $30.92, up 65 cents.
This rebound comes after gold experienced its biggest weekly decline in over three years due to expectations of
less aggressive interest rate cuts by the Federal Reserve.

Investors are now awaiting comments from Federal Reserve officials for clarity on the interest rate trajectory.
The recent U.S. economic data has reduced expectations for a December rate cut by the Fed, with at least
seven U.S. central bank officials scheduled to speak this week.
Analysts suggest that while the short to medium-term outlook for gold may be negatively impacted by a
strengthening U.S. dollar, the long-term inflationary effects of President Trump’s policies could benefit gold prices.

Aris Mining Corp. ARMN: Undervalued with big potential

Given recent Gold price surge, I updated Aris' 2 operating mines NPV
(both FS still use 1400-1900/oz gold price). My finding is Marmato NPV
alone is worth Aris' entire market cap today.

With very conservative valuation (acqusition cost for Soto Norte and Toroparu),
Aris trades at ~65c for $1 in my calc.

I also revisit Soto Norte, and shows why it is a promising virgin land that waiting
to be harvested, and have great potential as much as Marmato and Segovia.

Detailed writeup here, let me know what you think.

https://underhood.substack.com/p/a-junior-gold-miner-with-big-potential

Post by siyuli on Oct 09, 2024 5:09pm

3 # Views - Click to view104
Comment
Bullish