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Ares Strategic Mining Inc.

Ares Strategic Mining Inc.

ARS.CN
Ares Strategic Mining Inc.CA flagCanadian Securities Exchange
0.27
CAD
-0.01
- -
72.31MMarket Cap
Ares Strategic Mining Inc.
ARS.CN
(Canadian Securities Exchange)

Recent

price

0.27

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
- -
-0.33
-0.34
-0.24
-0.21
-0.17
-1.79
-0.26
-0.1
-0.05
-0.05
-0.04
-0.04
-0.03
-0.02
-0.02
-0.03
Basic EPS, GAAP
- -
-1.29
-1.21
-1.17
-0.26
-0.19
-0.12
-0.11
-0.02
-0.02
-0.03
-0.02
-0.02
-0.04
-0.1
-0.06
-0.11
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
-0.69
-0.65
-0.88
-1.09
-1.08
0.26
-0.02
0.11
0.04
0.05
0.08
0.1
0.06
0.07
0.07
0.13
Book Value per Share
- -
7.94
3.3
3.01
2.8
2.33
0.28
0.09
0.19
0.11
0.1
0.11
0.12
0.07
0.08
0.08
0.16
Tangible Book Value per Share
- -
2
4
4
4
5
5
8
10
13
48
94
126
138
151
191
228
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
-12,347.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
-1
-1
-1
-1
-1
-9
-2
-1
-1
-2
-4
-5
-4
-3
-4
-6
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
-8,693.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
1
11
6
1
1
1
- -
- -
- -
-1
- -
-1
- -
- -
-9
-1
4
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5
11
26
26
LT Debt
2
13
12
12
11
11
1
1
2
1
5
11
15
10
13
16
36
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
9.37
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
-75.46
-151.47
-72.8
-50.01
-44.37
-33.2
-31.65
-30.72
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
10
9
9
LT Borrowings
26
25
26
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
212
238
262
Market Capitalization
58
90
101

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
11
16
16
Cash, Cash Equivalents & STI
7
10
12
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
12
13
12
Payables & Accruals
2
4
3
ST Debt
10
9
9
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
41.34%
38.82%
27.57%
Free Cash Flow
83.45%
66.74%
-24.44%
Net Income, GAAP
119.12%
15.99%
24.39%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
-0.01
- -
-0.02
2025
- -
- -
-0.01
- -
-0.02
2026
- -
-0.01
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Ares Strategic Mining Inc. operates as a burgeoning natural resource enterprise, primarily engaged in the acquisition, exploration, and development of fluorspar properties. The company's strategic focus is directed toward the exploitation, production, and distribution of both metallurgical-grade (metspar) and acid-grade (acidspar) fluorspar, a critical mineral for various industrial applications. Ares maintains a 100% ownership stake in the Lost Sheep Fluorspar Project, encompassing approximately 5,982 acres across 353 claims within the Spor Mountain area of western Utah, United States. This site hosts the sole permitted fluorspar mine in the U.S., which has recently completed the installation of a secondary ventilation system, paving the way for industrial-scale mining operations. Furthermore, the company is actively constructing two processing plants in Delta, Utah, for fluorspar production, with the lumps plant expected to commence revenue generation in late 2025 or early 2026, and the flotation plant having been shipped in November 2024. Ares has also identified additional high-grade fluorspar mineralization zones at its Lost Sheep project, and has discovered significant concentrations of gallium and germanium as potential byproducts within its ore. The company previously held interests in the Liard Fluorspar property and the Vanadium Ridge property in British Columbia, Canada, but these assets were spun out in September 2023 into Enyo Strategic Mining Inc., a separate reporting issuer. Ares also retains a 1% gross overriding royalty from the Jackpot Lake property in Clark County, Nevada, which was optioned and sold to USHA Resources between 2022 and 2023. Additionally, Ares has secured exclusive rights and access for the development of the Campbell-Croster fluorspar project in Kentucky, US. Incorporated in 2009, Ares Strategic Mining Inc. is headquartered in Vancouver, Canada, and is strategically supported by substantial non-dilutive government funding from the State of Utah and the USDA to advance its domestic fluorspar production capabilities.