Ares Strategic Mining Inc. (ARSMF)
OQX · Basic Materials · Other Industrial Metals & Mining
$0.20
+1.49%
Closing price as of 2026-06-12 · Source: TEK2day Finance
Key Metrics
Market Cap
$54.9M
Shares Outstanding
267.8M
Exchange
OQX
Currency
USD
About 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.
Quarterly Financials
| Metric | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 |
|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -4K | -253K | -75K | -115K |
| Operating Income | -1.2M | -1.5M | -582K | -3.3M |
| Net Income | -1.3M | -1.9M | 376K | -3.3M |
| Diluted EPS | $-0.01 | $nan | $0.00 | $-0.01 |
Annual Financials
| Metric | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -41K | -41K | -41K | -275K |
| Operating Income | -4.2M | -2.8M | -1.2M | -3.3M |
| Net Income | -5.0M | -4.4M | -2.9M | -3.6M |
| Diluted EPS | $-0.04 | $-0.03 | $-0.02 | $-0.02 |