Ares Strategic Mining, Inc. is a junior mining company, which engages in progressing fluorspar projects towards exploitation, production, and supplying metspar and acidspar to the markets. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2011-08-24. The firm's principal business is developing mineral prospects towards active mining operations. The company is focused on progressing its fluorspar projects towards exploitation, production and supplying metspar and acidspar to the markets. Its Lost Sheep Fluorspar Project is located in the Spor Mountain area, Juab County, Utah, approximately 214 km south-west of Salt Lake City. The firm owns 100% of the project, which covers an area of approximately 5,982 acres with 353 claims. Its Lost Sheep Fluorspar mine is geographically split across 2 areas: the mine on Spor Mountain in Juab County, Utah and the processing facilities located in Delta, the nearest town. Its 50-acre industrial site in Delta, Utah, hosts two processing plants: a metallurgical lumps plant and a flotation plant.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
09/30/2025
09/30/2024
09/30/2023
09/30/2022
09/30/2021
Revenue
0
0
0
0
0
0
Revenue Growth (YoY)
--
--
--
--
--
--
Cost of Revenue
--
--
--
--
--
--
Gross Profit
--
--
--
--
--
--
Selling, General & Admin
3
3
1
2
4
3
Research & Development
--
--
--
--
--
--
Operating Expenses
3
3
1
4
4
3
Other Non Operating Income (Expenses)
--
--
--
--
--
--
Pretax Income
-3
-3
-2
-4
-4
-3
Income Tax Expense
--
--
0
0
--
--
Net Income
-3
-3
-2
-4
-4
-3
Net Income Growth
50%
50%
-50%
0%
33%
50%
Shares Outstanding (Diluted)
232.45
190.52
150.54
138.28
126.09
94.26
Shares Change (YoY)
33%
27%
9%
10%
34%
97%
EPS (Diluted)
-0.01
-0.01
-0.01
-0.03
-0.03
-0.03
EPS Growth
5%
-2%
-40%
-19%
2%
-17%
Free Cash Flow
-15
-11
-7
-5
-4
-4
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
--
--
--
--
--
--
Operating Margin
0%
0%
0%
0%
0%
0%
Profit Margin
0%
0%
0%
0%
0%
0%
Free Cash Flow Margin
0%
0%
0%
0%
0%
0%
EBITDA
-3
-3
-1
-4
-4
-3
EBITDA Margin
0%
0%
0%
0%
0%
0%
D&A For EBITDA
0
0
0
0
0
0
EBIT
-3
-3
-1
-4
-4
-3
EBIT Margin
0%
0%
0%
0%
0%
0%
Effective Tax Rate
--
--
0%
0%
--
--
Follow-Up Questions
What are Ares Strategic Mining Inc's key financial statements?
According to the latest financial statement (Form-10K), Ares Strategic Mining Inc has a total asset of $0, Net loss of $-3
What are the key financial ratios for ARSMF?
Ares Strategic Mining Inc's Current ratio is 0, has a Net margin is 0, sales per share of $0.
How is Ares Strategic Mining Inc's revenue broken down by segment or geography?
Ares Strategic Mining Inc largest revenue segment is Digital Brokerage Services, at a revenue of 390,229,672 in the most earnings release.For geography, United States is the primary market for Ares Strategic Mining Inc, at a revenue of 355,022,439.
Is Ares Strategic Mining Inc profitable?
no, according to the latest financial statements, Ares Strategic Mining Inc has a net loss of $-3
Does Ares Strategic Mining Inc have any liabilities?
no, Ares Strategic Mining Inc has liability of 0
How many outstanding shares for Ares Strategic Mining Inc?
Ares Strategic Mining Inc has a total outstanding shares of 0