Aris Mining has beaten EPS estimates in three of its last four reported quarters. Its next earnings report is due after the market closes on November 4, and analysts expect earnings to rise from a year ago.
Aris Mining Corporation (TSX: ARIS) will report results for the quarter ended September 30, 2026, after the market closes on November 4. Two analysts expect EPS of C$0.59, up from C$0.36 a year earlier. That’s estimated growth of 65.3%. The consensus has slipped slightly, from C$0.61 over the past 30 days.
Recent earnings trend
Aris Mining Corporation
ARIS.TO
ARIS.TO
Aris Mining Corporation
WealthAwesomeMarket cap
$4.15B
P/E
9.5x
52W high
$31.47
52W low
$13.45
1W change
-7.07%
Beta
2.08
Analyst Price Targets
Based on analyst covering ARIS · as of Nov 2, 2026
Wall Street analysts forecast ARIS stock price to rise 103.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$40.86
+103.2% Upside
Previously C$40.93 on Oct 30, 2026
Current Price
C$20.11
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ARIS's historical volatility
30-Day Vol
59.4%
Annualized
90-Day Vol
62.1%
Annualized
Trend (90d)
-32.4%
Annualized drift
90d Mean
C$18.24
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$19.70 | C$16.05 – C$24.17 |
| 60 trading days | C$18.95 | C$14.18 – C$25.32 |
| 90 trading days | C$18.24 | C$12.79 – C$26.00 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 2 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-04 | — | 0.3900 | — |
| 2026-06-30 | 2026-07-29 | 0.4700 | 0.4300 | +9.3% |
| 2026-03-31 | 2026-05-06 | 0.6000 | 0.5900 | +1.7% |
| 2025-12-31 | 2026-03-11 | 0.4600 | 0.4300 | +7.0% |
| 2025-09-30 | 2025-10-30 | 0.3600 | 0.3600 | +0.0% |
| 2025-06-30 | 2025-08-07 | 0.2700 | 0.2800 | -3.6% |
Aris beat estimates in three of its first three reported quarters of 2026. It posted EPS of C$0.47, C$0.60, and C$0.46, compared with estimates of C$0.43, C$0.59, and C$0.43. In the September 2025 quarter, EPS matched the C$0.36 estimate. The upcoming report will show whether earnings growth is continuing at Aris’s producing mines. Investors are also weighing the company’s expansion plans and recent share-price weakness.
Investor takeaway: The outlook combines higher expected year-over-year EPS with a recent run of estimate beats. But the consensus is based on only two analysts and has edged lower. Aris operates producing gold mines in Colombia and is pursuing further growth through mine expansions and development projects. For Canadian investors, the November 4 report will show how results compare with the C$0.59 consensus. One quarter won’t answer questions about execution, permits, development costs, or future production. ARIS.TO closed at C$20.11 on October 30, below its 50-day and 200-day moving averages. That market context doesn’t predict what the earnings report will show.
C$0.59 EPS consensus for the September quarter
Two analysts expect EPS of C$0.59, C$0.23 above the year-ago result of C$0.36. That implies estimated growth of 65.3%. The consensus has eased from C$0.61 over the past 30 days, so the November 4 report will be measured against a slightly lower estimate. Aris has beaten estimates in three of its last four reported quarters, but past results don’t guarantee another beat.
Bull case
Aris has beaten EPS estimates in three of its last four reported quarters, and the current consensus points to 65.3% year-over-year growth. The company operates the Segovia and Marmato gold mines in Colombia. Its expansion and development plans could support future production growth if they go as planned. Aris reports trailing 12-month EPS of C$2.12 and a profit margin of 22.43%. Investors can find more information on the company’s stock page and analyst ratings.
Bear case
The C$0.59 EPS consensus is based on just two analysts, and estimates have fallen from C$0.61 over the past month. Aris’s longer-term production goals depend on execution at its existing mines and progress on projects that still need development and, in some cases, permits. Gold mining also carries operational and project risks that one quarterly result can’t resolve. According to the supplied market data, the shares fell 18.81% over the past month and closed below their 50-day and 200-day moving averages. Investors should separate the quarter’s reported results from the longer-term assumptions behind the growth outlook.
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