Aris Mining Reports Q3 2026 Revenue Growth Driven by Higher Gold Prices
Aris Mining (ARIS) reported a 14% year-over-year increase in third-quarter revenue, reaching $295.4 million. This growth was primarily fueled by a significant rise in the average realized gold price to $4,205 per ounce, up from $3,472 in the prior year. Despite higher revenues, non-GAAP EPS saw a slight decline to $0.35 compared to $0.36 in the previous year. Production faced headwinds during the quarter due to temporary explosive supply constraints at the Segovia mine and a planned flotation plant shutdown at Marmato for upgrades. Consequently, management indicated that full-year production is likely to land at the lower end of their 300,000 to 350,000 ounce guidance. However, the company maintains a strong liquidity position with $419 million in cash and has successfully reduced net debt to $46.5 million.
Topics: capital expenditure gold mining production guidance revenue growth