Aris Mining (ARIS) vs Fortuna Mining (FSM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Aris Mining (ARIS) has outperformed Fortuna Mining (FSM) over the past year, gaining 69.1% versus a gain of 22.0%. Over five years, ARIS leads with a +321.2% price change compared with +137.4% for FSM. Aris Mining is the larger company by market cap ($3.58 billion vs $3.23 billion), about 1.1 times the size.
On valuation, Aris Mining trades at a lower forward P/E (6.0x vs 6.4x for Fortuna Mining). Fortuna Mining converts more of its revenue into profit, with a net margin of 30.4% versus 8.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ARIS | FSM |
|---|---|---|
| Share price | $17.33 | $10.92 |
| Market cap | $3.58B | $3.23B |
| 1-day change | +3.40% | +2.92% |
| YTD return | +6.78% | +11.31% |
| 1-year return | +69.07% | +22.01% |
| 5-year return | +321.24% | +137.39% |
| P/E ratio (TTM) | 12.03 | 9.33 |
| Forward P/E | 5.96 | 6.36 |
| EPS (TTM) | $1.44 | $1.17 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $927.66M | $947.06M |
| Revenue growth (YoY) | +81.68% | +39.84% |
| Net income (latest FY) | $78.34M | $287.47M |
| Gross margin | 55.32% | 49.30% |
| Operating margin | 38.74% | 43.12% |
| Net margin | 8.45% | 30.35% |
| 52-week high | $23.29 | $13.85 |
| 52-week low | $8.75 | $7.69 |
| Distance from 52-week high | -25.59% | -21.16% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +113.50% | +32.78% |
| Average volume | 1.56M | 5.49M |
| Shares outstanding | 206.43M | 295.96M |
| Employees | 3,578 | — |
| Sector | Basic Materials | Basic Materials |
| Industry | Gold | Precious Metals |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ARIS has outperformed FSM by 47.1 percentage points over the past year.
- Aris Mining trades at a higher earnings multiple (12.0x vs 9.3x trailing P/E).
- Fortuna Mining is more profitable, keeping 30.4 cents of every revenue dollar as net income versus 8.4 cents for Aris Mining.
- Aris Mining grew revenue faster in its latest fiscal year (+81.68% vs +39.84%).
About Aris Mining
ARIS stock →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.
Basic Materials · Gold · 3,578 employees
About Fortuna Mining
FSM stock →Fortuna Mining Corp. engages in the precious and base metal mining and related activities in Argentina, Côte d'Ivoire, Mexico, Peru, and Senegal.
Basic Materials · Precious Metals
ARIS vs FSM FAQ
Which is bigger, Aris Mining or Fortuna Mining?
Aris Mining (ARIS) is larger, with a market capitalization of $3.58B compared with $3.23B for Fortuna Mining (FSM).
Which stock has performed better over the past year, ARIS or FSM?
ARIS returned +69.07% over the past 12 months, compared with +22.01% for FSM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ARIS or FSM?
FSM has the lower trailing P/E at 9.3, versus 12.0 for ARIS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Aris Mining and Fortuna Mining in the same industry?
Both are in the Basic Materials sector, but in different industries: Gold for Aris Mining and Precious Metals for Fortuna Mining.