An analyst has named Aris Mining (NYSE:ARIS) as the top pick in the gold sector, projecting significant production growth and financial gains. The company aims to quadruple output by 2031, with EBITDA expected to triple by 2027 under high gold price assumptions. The stock carries a price target of $38 for 2027, suggesting over 100% upside.
Aris Mining plans to reach 500,000 ounces of annual gold production by 2028, driven by expansions in Guyana and Soto Norte. These projects are set to push output to 1 million ounces by 2031. The analyst, who has covered the company since mid-2025, highlights a structured growth plan funded by cash flow, covering $2.1 billion in capital expenditures without needing dividends or buybacks. This assessment appears in a Seeking Alpha analysis published May 5, 2026, where the author discloses a long position in ARIS shares. Projections assume a gold price of $4,300 per ounce, leading to EBITDA tripling by 2027 and exceeding $2.9 billion long term. Despite risks from sector volatility, the analyst rates ARIS a strong buy with substantial upside potential to the $38 target for 2027.
