Aris Mining Corp (NYSEAMERICAN: TPRFF) stock closed at $4.01 on 5/15/24 after a major decline of -10.3%. Moreover, exceptionally high trading volume at 292% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -4.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, TPRFF is expected to continue to be a major Value Builder.
Aris Mining has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Aris Mining has a good Appreciation Score of 76 and a very high Power Rating of 95, with the Highest Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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