COMPARE · Data as of August 21, 2026
ARIS vs BTG
Verdict: Side-by-side breakdown using the Bull Rankings model. ARIS scored 63.2, BTG scored 70.4 — BTG leads.
Compare another set
ARIS
Aris Mining Corporation
63.2
$20.86 · $4.3B
fundamentals as of
Score gap
7.2
BTG leads
BTG
B2Gold Corp
70.4
$5.52 · $7.3B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- CheapestBTG9.9x
- Fastest growthARIS+81.7%
- Strongest balance sheetBTG0.11
- Highest qualityBTG76 / 100
- Largest discount to fair valueBTG-57%
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
ARIS
stronger →← stronger
BTG
60
Qualityreturns · margins · balance sheet
76
50
Growthrevenue & earnings expansion
50
84
Valuevaluation vs sector peers
92
BTG is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
ARIS
BTG
$129mC
FCF
$923mC+
+81.7%A
Rev
+60.9%A
0.29B
D/E
0.11A-
14.8xA-
P/E
9.9xA
0.38A
PEG
0.10A
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
ARIS
BTG
148% above
Price vs fair valuelower is cheaper
57% below
~41%/yr
Growth the price implies10-yr FCF · lower = less priced in
~-6%/yr
-69%
1-yr DCF upside
+77%
-60%
5-yr DCF upside
+131%
-43%
10-yr DCF upside
+238%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
ARIS
Why this score
- Diluting shareholders
- Cyclical growth
BTG
Why this score
- Cut its dividend
- Cyclical growth
The companies
ARISAris Mining Corporation
Why now
Gold · market cap $4.3b. 10% off the 52-week high of $23.29. Revenue growing +82% — in hypergrowth territory. PEG 0.38 — paying under fair value for the growth rate.
Moat
FCF converts 163% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined. Mining moat is reserve quality + extraction cost per unit — top-quartile cost producers generate cash through the commodity cycle while marginal producers burn it.
Risk
Beta 1.94 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return. ROE 5% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate. Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.
BTGB2Gold Corp
Why now
Gold · market cap $7.3b. 12% off the 52-week high of $6.29. Revenue growing +61% — in hypergrowth territory. PEG 0.10 — paying under fair value for the growth rate. 5 sell-side analysts rate this a Buy with a mean 1-yr target of $6.15 (implying +11% upside).
Moat
Net margin 21% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 12% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere. Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
Hedge-book exposure — many commodity producers hedge forward production; if the hedge book is concentrated at prices well below spot, the upside the market expects is already locked away.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where ARIS and BTG diverge
On the headline score the gap is 7.2 points in favor of BTG. The widest single difference is Quality, where BTG leads by 15.6 points.
- QualityARIS 60.0 · BTG 75.6BTG +15.6
- ValueARIS 84.0 · BTG 92.1BTG +8.1
- GrowthARIS 50.0 · BTG 50.0level
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.