Newmont (NYSE:NEM – Get Free Report) and Aris Mining (NYSE:ARMN – Get Free Report) are both basic materials companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, valuation, profitability, earnings, analyst recommendations, institutional ownership and dividends.
Institutional and Insider Ownership
68.8% of Newmont shares are held by institutional investors. Comparatively, 35.8% of Aris Mining shares are held by institutional investors. 0.1% of Newmont shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Earnings & Valuation
This table compares Newmont and Aris Mining’s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Newmont | $13.16 billion | 3.56 | -$2.49 billion | ($2.67) | -15.23 |
Aris Mining | $447.67 million | 1.36 | $11.42 million | $0.02 | 206.00 |
Profitability
This table compares Newmont and Aris Mining’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Newmont | -20.19% | 6.88% | 3.57% |
Aris Mining | 2.09% | 8.73% | 4.05% |
Analyst Ratings
This is a breakdown of current recommendations for Newmont and Aris Mining, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Newmont | 0 | 6 | 7 | 0 | 2.54 |
Aris Mining | 0 | 0 | 0 | 0 | N/A |
Newmont presently has a consensus target price of $48.35, indicating a potential upside of 18.92%. Given Newmont’s higher probable upside, analysts plainly believe Newmont is more favorable than Aris Mining.
About Newmont
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana. The company was founded in 1916 and is headquartered in Denver, Colorado.
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.
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