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BMO Capital Boosts Aris Mining (ARMN) Price Target to C$13 on Strong Operational Performance

By Neha Gupta | August 02, 2025, 7:43 AM

Aris Mining Corporation (NYSE:ARMN) is one of the best stocks to buy amid gold rally. On July 8, BMO Capital raised its price target for Aris Mining Corp to C$13.00 from C$12.50, reiterating its Outperform rating.

BMO Capital Boosts Aris Mining (ARMN) Price Target to C$13 on Strong Operational Performance

The Canadian gold producer reported second-quarter 2025 output of 58,700 ounces, closely matching both BMO’s estimate of 57,700 ounces and the consensus forecast of 57,800. With first-half production reaching roughly 45% of the midpoint of Aris’s full-year guidance (230,000–275,000 ounces), BMO sees the company on track to hit its annual targets.

Further demonstrating its strategic momentum, Aris reaffirmed the expected third-quarter release of the Soto Norte study and Toroparu Preliminary Economic Assessment, highlighting consistent development progress. Additionally, the company announced the sale of its non-core Juby asset, signaling a sharpened focus on core operations and growth-oriented projects.

Aris Mining Corporation (NYSE:ARMN) is a gold mining company. It explores for, develops, and produces gold through its Segovia and Marmato operations in Colombia. The company also owns the Marmato Lower Mine project, and its primary product is gold bullion, extracted from high-grade underground mining operations.

While we acknowledge the potential of ARMN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: Top 10 Materials Stocks to Buy According to Analysts and 10 Best Organic Food and Farming Stocks to Buy Now.

Disclosure: None. This article is originally published at Insider Monkey.

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