ATB Cormark keeps CAD 34.00 target for Aris Mining stock
Published on 10/15/2026 at 20:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and operating figures
- On October 9, 2026, Richard Gray of ATB Cormark maintained a CAD 34.00 target for Aris Mining.
- Third-quarter production reached 69.30 thousand ounces, while 2026 guidance stood at 300,000 to 350,000 ounces.
- Aris Mining stock costs EUR 15.31 at Lang & Schwarz on October 15, 2026 at 8:04 p.m. CEST, up 5.55 percent on the TSX.
- Aris Mining carried a price-to-earnings ratio of 12.46 and a market capitalization of CAD 5.0 billion on October 15, 2026.
ATB Cormark analyst Richard Gray maintained a Buy rating and a CAD 34.00 price target for Aris Mining on October 9, 2026, according to Markets Insider. Against the TSX price of CAD 24.35 on October 15, 2026, the target stood 39.63 percent above the stock. Aris Mining stock was trading at EUR 15.31 at Lang & Schwarz on October 15, 2026 at 8:04 p.m. CEST, up 5.55 percent on the TSX.
Gold output sets the operating measure
Simply Wall St reported on October 9, 2026 that Aris Mining produced 69.30 thousand ounces of gold in the third quarter of 2026 and 217.30 thousand ounces in the first nine months. The company was tracking the lower end of its 2026 production guidance of 300,000 to 350,000 ounces. That operating range gives the analyst target a measurable execution test.
Range and valuation frame
On the TSX, Aris Mining traded at CAD 24.35 on October 15, 2026 at 2:08 p.m. EDT. The session range was CAD 23.10 to CAD 24.41, with 382,773 shares traded against an average volume of 696,769. The 52-week range was CAD 12.25 to CAD 31.47, placing the stock 22.62 percent below its high.
The company had a market capitalization of CAD 5.0 billion and a price-to-earnings ratio of 12.46 on October 15, 2026. Aris Mining's investor-relations page lists NYSE and TSX trading, Q2 2026 results for the quarter ended June 30, 2026, and a National Bank CEO Mining Conference on November 23, 2026, according to Aris Mining.
Comparison with peers
Aris Mining (TSX, CAD): plus 5.55 percent, P/E 12.46, market capitalization CAD 5.0 billion.
Wesdome Gold Mines (TSX, CAD): plus 5.13 percent, P/E 11.36, market capitalization CAD 4.6 billion.
Kinross Gold (TSX, CAD): plus 4.71 percent, P/E 8.90, market capitalization CAD 39.3 billion.
Price and trading perspective
Aris Mining combines a 39.63 percent analyst-target gap with a third-quarter production result of 69.30 thousand ounces. The next dated company event listed by Aris Mining is the National Bank CEO Mining Conference on November 23, 2026.
Aris Mining stock was trading at EUR 15.31 at Lang & Schwarz on October 15, 2026 at 8:04 p.m. CEST, up 5.55 percent on the TSX.
The further course of trading is shown by the continuously updated real-time quote of Aris Mining stock.
Aris Mining stock facts
- Company: Aris Mining Corporation
- ISIN: CA04040Y1097
- Ticker: ARIS
- Primary exchange: TSX
- Price Lang & Schwarz (as of October 15, 2026, 8:04 p.m. CEST): EUR 15.31
- Change on TSX: plus 5.55 percent
- Market capitalization: CAD 5.0 billion (as of October 15, 2026)
- 52-week range: CAD 12.25-31.47 (as of October 15, 2026)
- Sector / Industry: Materials / Gold mining
Market context: Market report S&P/TSX Composite.
