13 Best Precious Metals Stocks to Buy According to Analysts

7. Aris Mining Corporation (NYSE:ARMN)

Number of Hedge Fund Holders: N/A

Average Upside Potential: 38.01%

Aris Mining Corporation (NYSE:ARMN) is a gold-focused mining company based in Vancouver, Canada. It operates and develops gold, silver, and copper projects across Canada, Colombia, and Guyana. It is one of the best metal stocks to invest in, ranking 7th on our list.

Aris Mining Corporation (NYSE:ARMN) recorded its highest-ever quarterly gold production at 57,364 ounces in Q4 2024. The company also recorded $22 million in net income and $67 million in EBITDA for the quarter. ARMN is planning to increase the capacity of its in-progress Lower Mine by 25%, from 4,000 to 5,000 tonnes per day, bringing the total construction cost to $290 million. The ramp-up at its Marmato mine is expected to start in the second half of 2026. Aris ended the year with a solid cash position of $253 million, driven by strong cash flow and refinancing initiatives.

In the first quarter of 2025, the company produced 54,763 ounces of gold, an 8% increase from the same period last year. Most of the gold came from the Segovia mine, with the Marmato Upper Mine adding 7,214 ounces. With the expanded Segovia processing plant set to launch in Q2 this year, Aris Mining Corporation (NYSE:ARMN) expects production to increase even more. For the full year, Aris is targeting between 230,000 and 275,000 ounces of gold.