Aris Mining Reports Q1 2025 Results: Net Earnings of $2.4M and Record Adjusted EPS of $0.16, Up from $0.04 in Q1 2024

Reuters
2025.05.07 21:44
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Aris Mining Corporation reported strong Q1 2025 results with net earnings of $2.4 million and record adjusted EPS of $0.16, up from $0.04 in Q1 2024. Gold production was 54,763 ounces, an increase from 50,767 ounces in Q1 2024. Adjusted EBITDA reached $66.6 million, compared to $28.4 million in Q1 2024. The company ended the quarter with a cash balance of $240 million and net debt of $250 million, resulting in a net leverage ratio of 1.2x. Total leverage was 2.4x as of March 31, 2025.

Aris Mining Corporation reported its financial and operating results for the first quarter of 2025, marking a strong start to the year with record adjusted earnings per share (EPS) of $0.16, up from $0.04 in Q1 2024 and $0.14 in Q4 2024. The company achieved net earnings of $2.4 million, compared to a loss of $0.7 million in the same period last year. Gold production for the quarter was 54,763 ounces, a slight decrease from 57,364 ounces in Q4 2024, but an increase from 50,767 ounces in Q1 2024. The company’s adjusted EBITDA for Q1 2025 was $66.6 million, compared to $55.6 million in Q4 2024 and $28.4 million in Q1 2024. Aris Mining ended the quarter with a cash balance of $240 million and a net debt of $250 million, resulting in a net leverage ratio of 1.2x. The company has made continued progress in its growth initiatives, maintaining production and high margins at its Segovia operations. Following the expiration of the ARIS.WT.A warrants on July 29, 2025, Aris Mining will have no remaining convertible securities outstanding, except for stock options issued under its stock option plan. Since the issuance of $450 million in senior unsecured bonds in October 2024, the company has steadily reduced its total and net leverage ratios, with the total leverage at 2.4x as of March 31, 2025. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aris Mining Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: VA82578) on May 07, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)