ARMN Stock Summary and Trading Ideas (Aris Mining Common Shares | AMEX:ARMN)

Aris Mining Corp is engaged in the acquisition, exploration, development and operation of gold properties in Colombia, Guyana and Canada. It owns and operates its Segovia Operations, Soto Norte Project and Marmato Mine in Colombia, Toroparu Project in Guyana and the Juby Project in Ontario, Canada. The company generates revenue from the sale of gold and silver.

Aris Mining Common Shares trades on the AMEX stock market under the symbol ARMN.

As of January 14, 2025, ARMN stock price climbed to $3.78 with 476,749 million shares trading.

ARMN has a beta of 1.22, meaning it tends to be more sensitive to market movements. ARMN has a correlation of 0.09 to the broad based SPY ETF.

ARMN has a market cap of $646.00 million. This is considered a Small Cap stock.

The top ETF exchange traded funds that ARMN belongs to (by Net Assets): GDX, GXG, GOEX, PDN.

ARMN has underperformed the market in the last year with a return of +13.7%, while the SPY ETF gained +23.6%. In the last 3 month period, ARMN fell short of the market, returning -15.8%, while SPY returned +0.8%. However, in the most recent 2 weeks ARMN has outperformed the stock market by returning +11.2%, while SPY returned -1.0%.

ARMN support price is $3.46 and resistance is $3.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARMN shares will trade within this expected range on the day.