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Ares Strategic Mining CNSX:ARS Stock Report

Last Price

CA$0.20

Market Cap

CA$29.4m

7D

11.1%

1Y

-18.4%

Updated

17 Apr, 2024

Data

Company Financials +

Ares Strategic Mining Inc.

CNSX:ARS Stock Report

Market Cap: CA$29.4m

ARS Stock Overview

Ares Strategic Mining Inc., a junior natural resource mining company, engages in the acquisition, exploration, and development of fluorspar properties in Canada and the United States.

ARS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Ares Strategic Mining Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ares Strategic Mining
Historical stock prices
Current Share PriceCA$0.20
52 Week HighCA$0.27
52 Week LowCA$0.12
Beta1.04
1 Month Change0%
3 Month Change11.11%
1 Year Change-18.37%
3 Year Change-70.59%
5 Year Changen/a
Change since IPO-96.30%

Recent News & Updates

Is Ares Strategic Mining (CSE:ARS) A Risky Investment?

Dec 15
Is Ares Strategic Mining (CSE:ARS) A Risky Investment?

We Think Ares Strategic Mining (CSE:ARS) Has A Fair Chunk Of Debt

Aug 31
We Think Ares Strategic Mining (CSE:ARS) Has A Fair Chunk Of Debt

Recent updates

Is Ares Strategic Mining (CSE:ARS) A Risky Investment?

Dec 15
Is Ares Strategic Mining (CSE:ARS) A Risky Investment?

We Think Ares Strategic Mining (CSE:ARS) Has A Fair Chunk Of Debt

Aug 31
We Think Ares Strategic Mining (CSE:ARS) Has A Fair Chunk Of Debt

Shareholder Returns

ARSCA Metals and MiningCA Market
7D11.1%-2.0%-2.1%
1Y-18.4%-5.9%3.6%

Return vs Industry: ARS underperformed the Canadian Metals and Mining industry which returned -8.3% over the past year.

Return vs Market: ARS underperformed the Canadian Market which returned 3.2% over the past year.

Price Volatility

Is ARS's price volatile compared to industry and market?
ARS volatility
ARS Average Weekly Movement13.4%
Metals and Mining Industry Average Movement11.6%
Market Average Movement9.2%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

Stable Share Price: ARS has not had significant price volatility in the past 3 months.

Volatility Over Time: ARS's weekly volatility has decreased from 28% to 13% over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2009n/aJames Walkerwww.aresmining.com

Ares Strategic Mining Inc., a junior natural resource mining company, engages in the acquisition, exploration, and development of fluorspar properties in Canada and the United States. It focuses on the exploitation, production, and supply of metspar and acidspar. The company holds 100% interest in the Lost Sheep Fluoride Mine that consists of 353 claims covering an area of approximately 5,982 acres located in western Utah, the United States; and the Liard Fluorspar property, which includes 55 claims covering an area of approximately 55,000 acres located in British Columbia.

Ares Strategic Mining Inc. Fundamentals Summary

How do Ares Strategic Mining's earnings and revenue compare to its market cap?
ARS fundamental statistics
Market capCA$29.41m
Earnings (TTM)-CA$2.81m
Revenue (TTM)n/a

0.0x

P/S Ratio

-10.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARS income statement (TTM)
RevenueCA$0
Cost of RevenueCA$7.36k
Gross Profit-CA$7.36k
Other ExpensesCA$2.80m
Earnings-CA$2.81m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.019
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio160.2%

How did ARS perform over the long term?

See historical performance and comparison
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