Financial Review: B2Gold (NYSE:BTG) & Aris Mining (NYSE:ARMN)

B2Gold (NYSE:BTG) and Aris Mining (NYSE:ARMN) are both mid-cap basic materials companies, but which is the superior stock? We will contrast the two companies based on the strength of their risk, earnings, institutional ownership, profitability, dividends, analyst recommendations and valuation.

Valuation & Earnings

This table compares B2Gold and Aris Mining”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
B2Gold	$2.17 billion	2.90	$10.10 million	($0.35)	-13.60
Aris Mining	$646.78 million	3.13	$11.42 million	($0.07)	-142.71

Aris Mining has lower revenue, but higher earnings than B2Gold. Aris Mining is trading at a lower price-to-earnings ratio than B2Gold, indicating that it is currently the more affordable of the two stocks.

Risk & Volatility

B2Gold has a beta of 0.42, indicating that its share price is 58% less volatile than the S&P 500. Comparatively, Aris Mining has a beta of -0.34, indicating that its share price is 134% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings and target prices for B2Gold and Aris Mining, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
B2Gold	1	4	2	1	2.38
Aris Mining	1	0	3	0	2.50

B2Gold currently has a consensus target price of $4.50, suggesting a potential downside of 5.46%. Aris Mining has a consensus target price of $17.00, suggesting a potential upside of 70.17%. Given Aris Mining’s stronger consensus rating and higher possible upside, analysts clearly believe Aris Mining is more favorable than B2Gold.

Profitability

This table compares B2Gold and Aris Mining’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
B2Gold	-33.12%	5.65%	4.06%
Aris Mining	-0.66%	4.97%	2.70%

Institutional and Insider Ownership

61.4% of B2Gold shares are held by institutional investors. Comparatively, 35.8% of Aris Mining shares are held by institutional investors. 1.2% of B2Gold shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

B2Gold beats Aris Mining on 8 of the 15 factors compared between the two stocks.

About B2Gold

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp. In addition, it has a portfolio of other evaluation and exploration assets in Mali and Finland. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.

About Aris Mining

Aris Mining Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of gold properties in Canada, Colombia, and Guyana. It also explores for silver and copper deposits. The company was formerly known as GCM Mining Corp. and changed its name to Aris Mining Corporation in September 2022. Aris Mining Corporation is based in Vancouver, Canada.