Ares Strategic Mining Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $0.13
- Today's High:
- $0.157
- Open Price:
- $0.13
- 52W Low:
- $0.072
- 52W High:
- $0.325
- Prev. Close:
- $0.1428
- Volume:
- 92439
Company Statistics
- Market Cap.:
- $26.44 million
- Book Value:
- 0.118
- Revenue TTM:
- $0
- Operating Margin TTM:
- 0%
- Gross Profit TTM:
- $-20016
- Profit Margin:
- 0%
- Return on Assets TTM:
- -17.13%
- Return on Equity TTM:
- -44.28%
Company Profile
Ares Strategic Mining Inc had its IPO on under the ticker symbol ARSMF.
The company operates in the Basic Materials sector and Other Industrial Metals & Mining industry. Ares Strategic Mining Inc has a staff strength of 0 employees.
Stock update
Shares of Ares Strategic Mining Inc opened at $0.13 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $0.13 - $0.16, and closed at $0.14.
This is a -3.57% slip from the previous day's closing price.
A total volume of 92,439 shares were traded at the close of the day’s session.
In the last one week, shares of Ares Strategic Mining Inc have slipped by -6.33%.
Ares Strategic Mining Inc's Key Ratios
Ares Strategic Mining Inc has a market cap of $26.44 million, indicating a price to book ratio of 1.9948 and a price to sales ratio of 0.
In the last 12-months Ares Strategic Mining Inc’s revenue was $0 with a gross profit of $-20016 and an EBITDA of $-4049391. The EBITDA ratio measures Ares Strategic Mining Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Ares Strategic Mining Inc’s operating margin was 0% while its return on assets stood at -17.13% with a return of equity of -44.28%.
In Q1, Ares Strategic Mining Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.
Ares Strategic Mining Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $-0.03 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Ares Strategic Mining Inc’s profitability.
Ares Strategic Mining Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -8.2226. Its price to sales ratio in the trailing 12-months stood at 0.
Ares Strategic Mining Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $21.04 million
- Total Liabilities
- $1.46 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $0
- Dividend Payout Ratio
- 0%
Ares Strategic Mining Inc ended 2024 with $21.04 million in total assets and $0 in total liabilities. Its intangible assets were valued at $21.04 million while shareholder equity stood at $14.62 million.
Ares Strategic Mining Inc ended 2024 with $0 in deferred long-term liabilities, $1.46 million in other current liabilities, in common stock, $-29011878.00 in retained earnings and $0 in goodwill. Its cash balance stood at $23101.00 and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $6.18 million.
Ares Strategic Mining Inc’s total current assets stands at $6.78 million while long-term investments were $0 and short-term investments were $147743.00. Its net receivables were $0 compared to accounts payable of $0 and inventory worth $0.
In 2024, Ares Strategic Mining Inc's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, Ares Strategic Mining Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $0.14
- 52-Week High
- $0.325
- 52-Week Low
- $0.072
- Analyst Target Price
- $
Ares Strategic Mining Inc stock is currently trading at $0.14 per share. It touched a 52-week high of $0.325 and a 52-week low of $0.325. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $0.17 and 200-day moving average was $0.16 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 1306.5% of the company’s stock are held by insiders while 28.9% are held by institutions.
Frequently Asked Questions About Ares Strategic Mining Inc
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About
Ares Strategic Mining Inc., a junior natural resource mining company, engages in the identifying and mining of fluorspar properties. 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 67 claims covering an area of approximately 1,447 acres located in western Utah, the United States; and the Liard Fluorspar property, which includes 14 claims located in British Columbia. It also holds 20% interest in the Vanadium Ridge property, which consists of 20 mining claims covering an area of approximately 5,200 acres located in the Kamloops, British Columbia; and an 100% interest in five properties located in Ontario, Canada. In addition, the company holds interest in the Campbell-Croster fluorspar project in Kentucky. Ares Strategic Mining Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada.