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XCNQ
ARS
Market cap53mUSD
, Last price  
CAD
Name

Ares Strategic Mining Inc

Chart & performance

D1W1MN
XCNQ:ARS chart
P/E
—
P/S
—
EPS
—
Vol. 1Y
—
Shs. 5Y
31.85%
Rev. 5Y
%
Div Yld LY
—
Div Yld TTM
—
Revenues
0
0010,730000000000000
Net income
-4m
L+24.56%
-577,000-1,267,000-933,000-824,000-805,000-9,079,000-2,173,000-1,011,468-636,000-2,223,000-3,651,000-4,961,000-4,440,000-2,929,000-3,648,244
CFO
-2m
L
-824,433-1,623,726-981,574-900,217-637,498-594,719-901,029-145,894-243,353-1,350,655-1,866,088-1,812,503-1,731,106405,457-1,935,913

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Profile

Ares Strategic Mining Inc. functions as a junior entity within the natural resource sector, primarily focusing on identifying and acquiring fluorspar deposits. Its core operations encompass the development, extraction, and distribution of fluorspar types such as metspar and acidspar. The company commands a varied portfolio of mineral assets. This includes complete ownership of the Lost Sheep Fluoride Mine, an asset consisting of 67 claims spread across approximately 1,447 acres in western Utah, USA. Ares also holds the Liard Fluorspar property, which features 14 claims located in British Columbia. Furthermore, it possesses a stake in Nevada's Jackpot Lake property, an area of 2,800 acres covered by 140 mineral claims in Clark County. The firm's holdings also feature a 20% share in the Vanadium Ridge property, comprising 20 mining claims over roughly 5,200 acres near Kamloops, British Columbia. Additionally, Ares maintains an interest in the Campbell-Croster fluorspar venture situated in Kentucky. Formed in 2009, Ares Strategic Mining Inc. is headquartered in Vancouver, Canada.

Key people

Viktoriya Griffin
Chief Financial Officer · since 2019
Director · since 2021
President, Chief Executive Officer, Director · since 2019
Changxian Li
Independent Director · since 2016
Bob Li
Independent Director · since 2020
Raul Sanabria
Independent Director · since 2022
IPO date
Aug 24, 2011
Employees
Domiciled in
CA
Incorporated in
CA
Legal address
n.a.
Ontario, ON M5L 1A9
CA
Headquarters
1001-409 GRANVILLE STREET
VANCOUVER, BC V6C 1T2
CA

Valuation

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