Gold Mining Stocks Plunge 6%, Market Cap Shrinks by 300 Billion Won in a Day

On the New York Stock Exchange, Aris Mining Corporation (ARIS) shares plunged 6.36%, closing at $17.45. Its market capitalization shrank to about $3.6 billion (approximately ₩4.9 trillion), erasing roughly $215 million (₩290 billion) in a single session. Trading volume reached around 1.4 million shares.

In its full-year 2025 results announced last week, Aris Mining reported revenue of about $928 million and net income of roughly $78 million, marking substantial year-over-year growth. In a January production and guidance update, the company said its 2025 gold output exceeded the midpoint of its guidance range and outlined plans for accelerated production growth in 2026.

Headquartered in Vancouver, Canada, Aris Mining operates gold assets across Latin America, including the Segovia and Marmato mines in Colombia and the Toroparu project in Guyana. Formed through a 2022 merger with GCM Mining, the company is targeting an annual production rate of one million ounces by 2026 and beyond, driven by the Marmato expansion and the Soto Norte project in Colombia.