On April 19, 2021, NIA announced Aris Gold as its #1 favorite producing gold miner.
Aris Gold was acquired by GCM Mining in a stock deal and is now known as Aris Mining. Previous Aris Gold shareholders received 0.5 shares of Aris Mining for each share of Aris Gold held.
NIA's Aris Gold suggestion price of $2.20 is the equivalent of $4.40 per share for the new Aris Mining (TSX: ARIS).
ARIS gained by 4.87% on Friday to $4.52 per share and is back to above NIA's suggestion price vs. most gold stocks being down in value since April 19, 2021.
ARIS is backed by Frank Giustra who previously created Fiore Gold which gained by 660.87% from NIA's suggestion price.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has not been compensated by Aris Mining but was previously compensated USD$50,000 cash by Aris Gold for a marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.
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