Head to Head Analysis: Aris Mining (NYSE:ARIS) versus First Majestic Silver (NYSE:AG)

First Majestic Silver (NYSE:AG) and Aris Mining (NYSE:ARIS) are both mid-cap materials companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, valuation, analyst recommendations, dividends, institutional ownership, risk and earnings.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
First Majestic Silver	21.18%	13.36%	9.20%
Aris Mining	22.43%	22.82%	13.55%

Insider and Institutional Ownership

27.2% of First Majestic Silver shares are held by institutional investors. Comparatively, 39.7% of Aris Mining shares are held by institutional investors. 0.9% of First Majestic Silver shares are held by company insiders. Comparatively, 37.8% of Aris Mining shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Volatility & Risk

First Majestic Silver has a beta of 0.98, meaning that its share price is 2% less volatile than the S&P 500. Comparatively, Aris Mining has a beta of 0.18, meaning that its share price is 82% less volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and price targets for First Majestic Silver and Aris Mining, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
First Majestic Silver	1	2	3	0	2.33
Aris Mining	1	0	2	0	2.33

First Majestic Silver currently has a consensus target price of $23.75, indicating a potential upside of 56.64%. Given First Majestic Silver’s higher probable upside, equities analysts plainly believe First Majestic Silver is more favorable than Aris Mining.

Earnings and Valuation

This table compares First Majestic Silver and Aris Mining”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
First Majestic Silver	$1.26 billion	5.95	$164.92 million	$0.71	21.35
Aris Mining	$927.66 million	3.47	$78.35 million	$1.49	10.48

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

Summary

First Majestic Silver beats Aris Mining on 7 of the 13 factors compared between the two stocks.

About First Majestic Silver

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. Its projects include the San Dimas mine covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena that covers an area of approximately 102,244 hectares located in Sonora State, México; and the La Encantada covering an area of approximately 4,076 hectares located in Coahuila State, México. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 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.