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Home CompaniesAres Strategic Mining Inc.

Ares Strategic Mining Inc.

Basic Materials Other Industrial Metals & Mining
PortfolioPortfolio WatchlistWatchlist
Company price
0.215 CAD 0.04 ( 19.44%)
Last update at 2026-11-09T18:42:00Z
VOLUME
148706
Market Cap
100.52M

Momentum Score

…

Ares Strategic Mining Inc., a junior natural resource mining company, engages in the acquisition, exploration, and development of fluorspar projects. It focuses on the exploitation, production, and supply of metspar and acidspar. The company's flagship property is the 100% owned Lost Sheep Fluoride Mine that consists of 353 claims, covering an area of approximately 5,982 acres, located in western Utah, the United States. The company was incorporated in 2009 and is based in Vancouver, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.19
Low
0.22
High
52 Week Price Range
0.17
Low
1.03
High

Momentum Score

…
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public information on Ares Strategic Mining Inc. is limited; it appears to be a junior company focused on mineral exploration and strategic mining investments. Long-term growth may depend on exploration success, commodity price trends, access to capital and permitting outcomes, so the company could appeal to investors seeking leveraged exposure to potential resource discoveries and commodity upside.

Primary investment risks include early-stage exploration risk, lack of an operating track record, ongoing financing needs, commodity price volatility and permitting or regulatory uncertainty in jurisdictions where it operates.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.18
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
-0.01M
Debt / Equity
-
ROE
-13.22%
Net Debt
29.22M
ROCE
-7.79%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Type yearly yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Income before tax -3.64M -2.93M -4.67M -4.96M -3.65M
Minority interest -0.00M -0.00M -0.00M 0.00M -0.00M
Net income -3.64M -2.93M -4.44M -4.96M -3.65M
Selling general administrative 3.01M 1.14M 2.77M 4.18M 3.57M
Gross profit -0.28M -0.04M -0.04M -0.04M -0.03M
Reconciled depreciation 0.28M 0.04M 0.04M 0.04M 0.03M
Operating income -3.29M -1.18M -2.81M -4.23M -3.60M
Interest expense 1.65M 2.00M 0.35M 0.05M 0.01M
Tax provision - 0.00M -0.24M 0.00M -
Interest income 0.07M 0.19M 0.00M - -
Net interest income -1.59M -1.82M -0.61M -0.06M -0.01M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 3.29M 1.18M 2.81M 4.23M 3.60M
Cost of revenue 0.28M 0.04M 0.04M 0.04M 0.03M
Total other income expense net 1.23M 0.08M -1.25M -0.68M -0.04M
Net income from continuing ops -3.64M -2.93M -4.44M -4.96M -3.65M
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Type yearly yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Total assets 53.87M 36.46M 17.48M 16.13M 13.41M
Other current assets 1.40M 0.65M 0.29M 0.25M -
Total liab 37.83M 23.88M 7.26M 1.06M 2.65M
Total stockholder equity 17.26M 13.80M 11.44M 16.30M 11.98M
Capital stock 51.54M 44.48M 39.59M 39.33M 31.43M
Retained earnings -38.32M -34.67M -31.75M -27.16M -23.76M
Cash 6.58M 0.09M 0.47M 0.04M 1.05M
Total current liabilities 11.66M 12.82M 2.58M 1.06M 2.65M
Net debt 29.22M 19.99M 6.13M 0.25M 1.15M
Short long term debt 9.63M 9.03M 1.92M 0.30M 2.20M
Total current assets 10.83M 3.37M 2.15M 1.26M 1.42M
Short term investments - 0.00M 0.17M 0.39M 0.00M
Long term debt 26.17M 11.06M 4.68M - -
Non currrent assets other 0.10M 0.28M 0.10M 0.10M 0.09M
Non current assets total 43.04M 33.09M 15.33M 14.88M 11.99M
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Type yearly yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Investments - -16.03M -3.55M -3.12M -2.31M
Net borrowings 15.91M 1.49M 6.24M 0.24M 0.02M
Total cash from financing activities 17.44M 3.57M 6.76M 3.81M 5.07M
Net income -3.64M -2.93M -4.44M -4.96M -3.65M
Change in cash 5.73M 0.55M 1.48M -1.01M 0.92M
Begin period cash flow 2.22M 1.66M 0.13M 1.14M 0.22M
End period cash flow 7.95M 2.22M 1.66M 0.13M 1.14M
Total cash from operating activities -1.93M 0.41M -1.73M -1.81M -1.87M
Issuance of capital stock 0.04M 2.71M 0.00M 0.80M 1.82M
Depreciation 0.28M 0.04M 0.04M 0.04M 0.03M
Capital expenditures 9.98M 16.03M 3.21M 0.91M 0.24M
Change in working capital 1.36M 1.39M 0.03M 0.38M 0.04M
Stock based compensation - 0.00M 1.30M 1.97M 1.47M
Other non cash items 0.75M 2.00M 0.35M 0.05M 0.25M
Free cash flow -11.91M -15.63M -4.95M -2.72M -2.11M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ARS
Ares Strategic Mining Inc.		 0.04
19.44%		 0.21 - - 71.42 3.56 11.93 -22.27
CACR-A
KWG Resources Inc.		 0.03
7.89%		 0.41 - - - 9.82 - 88.66
RECE
Resource Centrix HoldingsInc.		 -
-%		 2.75 - - - 4605.05 - -
ACM
Allied Critical Metals Inc.		 -0.01
0.99%		 1.00 - - - 14.87 - -
MAXX
Max Power Mining Corp		 0.19
9.22%		 2.25 - - - 26.86 - -1.73

Profile*

Ares Strategic Mining Inc.

Ares Strategic Mining Inc., a junior natural resource mining company, engages in the acquisition, exploration, and development of fluorspar projects. It focuses on the exploitation, production, and supply of metspar and acidspar. The company's flagship property is the 100% owned Lost Sheep Fluoride Mine that consists of 353 claims, covering an area of approximately 5,982 acres, located in western Utah, the United States. The company was incorporated in 2009 and is based in Vancouver, Canada.

409 Granville Street, Vancouver, BC, Canada, V6C 1T2

604 345 1576

https://www.aresmining.com

Name Title Year Born
Mr. Paul Thomson Sarjeant B.Sc., CFP, P.Geo. VP of Exploration & Non- independent Director 1960
Ms. Dace Bratuskina Creative Arts & Administration Manager NA
Dr. Paul Thomson Sargeant Ph.D. VP of Exploration & Non-independent Director NA
Mr. Tom Klaimanee Corporate Secretary NA
Mr. James Walker B.E., CPHYS, M.Sc., P.Eng. CEO, President & Director 1984
Ms. Viktoriya Griffin C.A., CPA Chief Financial Officer 1985
Mr. Mykel James Head of Investor Relations NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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