Critical Analysis: Gold Reserve (OTCMKTS:GDRZF) & Aris Mining (NYSE:ARMN)

Valuation and Earnings

This table compares Aris Mining and Gold Reserve”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Aris Mining	$484.51 million	1.31	$11.42 million	($0.02)	-184.50
Gold Reserve	$2.95 million	56.35	-$23.12 million	($0.10)	-16.70

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

Insider and Institutional Ownership

35.8% of Aris Mining shares are held by institutional investors. 12.8% of Gold Reserve shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Aris Mining and Gold Reserve’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Aris Mining	-0.66%	4.97%	2.70%
Gold Reserve	N/A	-26.46%	-20.42%

Summary

Aris Mining beats Gold Reserve on 6 of the 10 factors compared between the two stocks.

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.

About Gold Reserve

Gold Reserve Inc., an exploration stage company, engages in evaluating, acquiring, exploring, and developing mineral properties. It also holds interests in LMS Gold project located in Alaska, the United States. The company was founded in 1956 and is based in Spokane, Washington.