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
portai
I'm PortAI, I can summarize articles.

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.