Can Aris Mining Outrun Anglogold Ashanti in the Next Rally?

AU: Anglogold Ashanti logo
AU
Anglogold Ashanti

Anglogold Ashanti fell -12% during the past Week. You may be tempted to buy more or may want to reduce your exposure. But there is an entirely different perspective you might be missing. Is there a better alternative? Turns out, its peer Aris Mining gives you more. Aris Mining (ARIS) stock offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Anglogold Ashanti (AU) stock, suggesting you may be better off investing in ARIS

  • ARIS’s quarterly revenue growth was 104.2%, vs. AU’s 62.1%.
  • In addition, its last 12 months’ revenue growth came in at 81.7%, ahead of AU’s 61.8%.
  • ARIS’s 3-year average margin is stronger: 29.5% vs. AU’s 24.3%.

These differences become even clearer when you look at the financials side by side. The table highlights how AU’s fundamentals stack up against those of ARIS on growth, margins, momentum, and valuation multiples.

Trefis: AU Stock Insights

Valuation & Performance Overview

AU ARIS Preferred
Valuation
P/EBIT Ratio 13.7 10.0 ARIS
Revenue Growth
Last Quarter 62.1% 104.2% ARIS
Last 12 Months 61.8% 81.7% ARIS
Last 3 Year Average 30.1% 35.9% ARIS
Operating Margins
Last 12 Months 39.8% 38.6% AU
Last 3 Year Average 24.3% 29.5% ARIS
Momentum
Last 3 Year Return 442.4% 129.1% ARIS

Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: AU Revenue Comparison | ARIS Revenue Comparison
See more margin details: AU Operating Income Comparison | ARIS Operating Income Comparison

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See detailed fundamentals on Buy or Sell AU Stock. Below we compare market return and related metrics across years.

Historical Market Performance

2021 2022 2023 2024 2025 2026 Total [1] Avg Best
Returns
AU Return -16% 0% 1% 25% 288% 15% 373% <===
ARIS Return -9% 14% -39% 193% 1% -21% 45%
S&P 500 Return 27% -19% 24% 23% 16% -2% 79%
Monthly Win Rates [3]
AU Win Rate 42% 0% 17% 67% 75% 67% 44%
ARIS Win Rate 33% 42% 42% 67% 50% 0% 39%
S&P 500 Win Rate 75% 42% 67% 75% 67% 33% 60% <===
Max Drawdowns [4]
AU Max Drawdown -33% 0% -19% -14% 0% 0% -11%
ARIS Max Drawdown -27% -14% -52% -6% -17% -22% -23%
S&P 500 Max Drawdown -1% -25% -1% -2% -15% -3% -8% <===

[1] Cumulative total returns since the beginning of 2021
[2] 2026 data is for the year up to 3/18/2026 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year

No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read AU Dip Buyer Analyses to see how the stock has fallen and recovered in the past.

Still not sure about AU or ARIS? Consider a portfolio approach.

Portfolios Are The Smarter Way To Invest

Individual stocks are unpredictable. A smart portfolio helps you invest, limits downside shocks, and provides upside exposure.

The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? HQ Portfolio has posted more than 105% in cumulative return since inception, with less risk versus the benchmark index, as is evident in HQ Portfolio performance metrics.