Aris Mining vs Drdgold
Aris Mining is the larger business, with $928m of revenue in fiscal 2025 against $661m for Drdgold (1.4 times as much). Aris Mining grew faster (81.7% against 52.3%). Drdgold kept more of each dollar of sales as profit: a net margin of 38.1% against 8.4%. Drdgold carries less debt relative to equity (0.0% against 35.9%).
| Latest fiscal year | Aris MiningARIS, 2025 | DrdgoldDRD, 2026 |
|---|---|---|
| Revenue | $928m | $661m |
| Revenue growth | 81.7% | 52.3% |
| Net income | $78.3m | $252m |
| Operating margin | 38.7% | 51.4% |
| Net margin | 8.4% | 38.1% |
| Return on equity | 7.0% | 39.4% |
| Free cash flow | $129m | $127m |
| Cash | $392m | $169m |
| Total debt | $519m | $0 |
| Debt to equity | 35.9% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | 2.3% |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $2.96bn | $1.96bn |
| Price vs our value range | — | Within our value range |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 20 sales |