Ares Strategic Mining Inc. (C:ARS)
Business Focus: Specialty Mining & Metals (NEC)
Cloudy as of January 01, 2025
For the latest outlook, get the company report
Insider Filings
Latest 10 SEDI filings for ARS within the last 6 months
See all filings within the past 6 months
Read full article
Read full article
See more news stories
See all valuations
See Short Report
Loading...
Company News
Dec 19, 2024 04:45 ET
Ares Strategic Mining Acquires Heavy Mining Equipment to Advance Fluorspar Project
Vancouver, B.C. - TheNewswire - December 19, 2024
– Ares Strategic Mining Inc. (the “Company”) (CSE: ARS) (OTC:
ARSMF) (FRA: N8I1) is pleased to announce the acquisition of the heavy
mining equipment critical to the advancement of its flagship fluorspar
project. As the owner of the only fluorspar mine in the United States,
Ares is well-positioned to support domestic industries with essential
minerals used in nuclear energy, electronics, and other key
sectors.
Dec 16, 2024 04:45 ET
Ares Strategic Mining Secures Role in $3.4 Billion Department of Energy Award to Boost U.S. Nuclear Energy Capacity
Vancouver, B.C. - TheNewswire
- December 16, 2024 – Ares Strategic Mining
Inc. (the “Company”) (CSE: ARS) (OTC: ARSMF) (FRA: N8I1) is
thrilled to announce its inclusion as a key subcontractor in one of
six winning bids awarded by the U.S. Department of Energy (DOE). The
$3.4 billion initiative is part of a national strategy to
significantly expand the production capacity of Low Enriched Uranium
(LEU), an essential component in powering the next generation of clean
nuclear energy.
Valuation Ratios
Industry
Sector
Beta
1.29
--
--
Price to Sales - TTM
--
7.81
5.10
Price to Book - most recent quarter
2.26
1.70
2.09
Price to Cash Flow per share - TTM
--
10.17
9.92
Price to Free Cash Flow per share - TTM
--
7.60
16.25
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Dec 31, 2024 | 168,795 | 13,965 |
| Dec 15, 2024 | 154,830 | 23,071 |
| Nov 30, 2024 | 131,759 | 6,438 |
Business Summary
| Sector: Basic Materials | Industry: Specialty Mining & Metals |
Ares Strategic Mining Inc. is a Canada-based junior mining company, focused on manufacturing fluorspar - a critical mineral - in the United States. 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 Company owns 100% of the project, which covers an area of approximately 5,982 acres. It has completed over 8,000 meters (m) of geophysical IP surveys on the Bell Hill historic mine area, at the Spor Mountain in Utah, correlating geophysical anomalies with both known fluorspar mineralization, and identifying new anomalies with similar geophysical signatures to known existing fluorspar pipes.
See business summary
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2025 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.