How to Buy Aris Mining Stock
Aris Mining Corp
Aris Mining is a gold company located in British Columbia, Canada, which is part of the Basic Materials sector, and is traded under the ticker ARMN on the NYSEMKT exchange.
Aris Mining stock last closed at $4.32, up 2.61% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Gold industry by N/A percentage points. Aris Mining stock is currently +100% from its 52-week low of $2.16, and +0% from its 52-week high of $4.32.
As of May 9, 2024, there are 137.57M shares of ARMN outstanding. The market cap of ARMN is $594.30M. In the last 24 hours, 369,842 ARMN shares were traded.
How to Buy Aris Mining Stock
Not sure how to invest in Aris Mining stock? Here's how.
- Decide where to buy Aris Mining stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Aris Mining stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your information.
- Evaluate Aris Mining stock: The Aris Mining ticker symbol is ARMN. Is Aris Mining stock a good investment? Should you buy shares of ARMN? How do ARMN's underlying business fundamentals look? Do top analysts think Aris Mining is a good buy? Why has ARMN's stock price moved recently? (Hint: Our stock research tools can help you understand if ARMN is a good stock to buy).
- Execute your ARMN buy order: Decide if you will purchase ARMN shares at the current market price or use a limit order to buy ARMN stock at a given price.
- Get updates on your ARMN position: Create a watchlist to important notifications about your investment in Aris Mining stock.
Step 1: Decide where to buy Aris Mining stock
You will need an online brokerage account in order to access the NYSEMKT market and buy ARMN shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal details so you are able to buy ARMN stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help depositing money into your new brokerage account.
Step 4: Evaluate Aris Mining stock
Once you have decided on the best place to buy Aris Mining stock, it's crucial to research their stock prior to investing, so you actually wrap your head around the risk and opportunity.
Aris Mining Numbers
ARMN Overview
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on ARMN's stock page.
Is ARMN stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge ARMN's intrinsic value.
Using relative valuations measures:
- ARMN could be overvalued based on its P/E ratio of 54x, relative to Gold industry P/E ratio of 9.05x
- ARMN could be undervalued based on its P/B ratio of 0.95x, relative to Gold industry P/B ratio of 1.83x
You can do additional valuation research on ARMN's stock here.
ARMN Financial Summary
Positive Health Checks:
- ARMN profit margin has gone up from -1.2% to 2.6% in the past year.
- ARMN has $196.33M in cash and short term investments. This is enough to cover its annual cash burn of $9.02M.
- ARMN has cash burn of 9017000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the ARMN balance sheet.
Negative Health Checks:
- ARMN has a relatively high debt to equity ratio of 1.17.
- There are more long-term liabilities than short-term assets on the ARMN balance sheet.
ARMN Trading Indicators
ARMN Performance Numbers
Last year, ARMN earnings were $11.42M. During the past two year, ARMN's earnings have grown by -81.14% per year. This was slower than the Gold industry average of 2.4%.
Last year, ARMN revenue was $447.67M. In the past two year, ARMN's revenue has gone up by 8.17% per year. This was slower than the Gold industry average of 15.52%.
You can research ARMN's earnings and revenue performance here.
Who is buying/selling ARMN?
In the past 12 months, insiders at ARMN have not bought or sold any shares.
Get more info about who owns ARMN shares here.
Does ARMN provide a stable income stream?
No, Aris Mining doesn't provide an income stream by paying out dividends.
ARMN Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your ARMN buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price limit, place a limit order.
Press the Open button and your broker will execute the order.
If you need additional help buying stocks on eToro, watch the how to video below:
Step 6: Get updates on your ARMN position
Now that you own some ARMN stock, you'll want to keep up with your new stock purchase.
Add ARMN to a watchlist to get notified of important updates regarding your ARMN stock.
ARMN Feed
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How to Buy Stock in Aris Mining
To summarize, here are the 6 steps you need to take to buy Aris Mining stock right now:
- Decide where to buy Aris Mining stock
- Create your brokerage account
- Fund your brokerage account
- Evaluate Aris Mining stock
- Execute your ARMN buy order
- Get updates on your ARMN position
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to watch your new investment in Aris Mining, hit the button below to create your watchlist.
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