Ares Strategic Mining Inc. (ARSMF) Research
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.
Market snapshot
- Symbol
- ARSMF
- Price
- $0.22
- Day change
- +2.38%
- Market cap
- $80.3M
- P/E ratio
- -12.51x
- 52-week range
- 0.159-0.748
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Next earnings
- in 2 months
Peer companies
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