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Aris Mining aims to quadruple gold output by 2031, targeting $2.9bn EBITDA and strong stock gains.

Analyst Insights
05 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Aris Mining plans to increase its annual gold production to 500,000 ounces by 2028 and 1 million ounces by 2031 through major expansions in Guyana and Soto Norte. Assuming a gold price of $4,300 per ounce, the company's EBITDA is expected to triple by 2027 and exceed $2.9 billion long term, fully funding its $2.1 billion capital expenditure without needing dividends or buybacks. Despite sector risks and volatility, Aris Mining is rated a strong buy with a price target of $38 by 2027, offering over 100% upside potential supported by aggressive, cash flow-funded growth.

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