ARSMF (Ares Strategic Mining) Construction In Progress: $27.71 Mil (As of Mar. 2026)


ARSMF Ares Strategic Mining Inc ARSMF
29 GF Score
Price $0.19
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What is Ares Strategic Mining Construction In Progress?

Ares Strategic Mining ARSMF -0.53% 29 Construction In Progress is $27.71 Mil as of Mar. 2026. GuruFocus rates ARSMF with a GF Score™ of 29/100. The stock has 3 warning signs investors should review.

Ares Strategic Mining's quarterly construction in progress increased from Sep. 2025 ($18.59 Mil) to Dec. 2025 ($22.41 Mil) and increased from Dec. 2025 ($22.41 Mil) to Mar. 2026 ($27.71 Mil).

Ares Strategic Mining's annual construction in progress increased from Sep. 2023 ($3.21 Mil) to Sep. 2024 ($7.21 Mil) and increased from Sep. 2024 ($7.21 Mil) to Sep. 2025 ($18.59 Mil).

Ares Strategic Mining Construction In Progress Historical Data

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The historical data trend for Ares Strategic Mining's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ares Strategic Mining Construction In Progress Chart

Ares Strategic Mining Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.22 3.21 7.21 18.59

Ares Strategic Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.94 15.68 18.59 22.41 27.71
ARSMF
29GF Score
Ares Strategic Mining Inc ARSMF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Ares Strategic Mining Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $27.71 Mil mean?
Ares Strategic Mining (ARSMF) has a Construction In Progress of $27.71 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Ares Strategic Mining and its competitors.
Is Ares Strategic Mining's Construction In Progress too high?
Ares Strategic Mining's current Construction In Progress is $27.71 Mil. Overall, Ares Strategic Mining has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Ares Strategic Mining's Construction In Progress compare to competitors?
Ares Strategic Mining's Construction In Progress of $27.71 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Ares Strategic Mining and its competitors. Ares Strategic Mining's current Construction In Progress is $27.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Strategic Mining stock overvalued right now?
Ares Strategic Mining (ARSMF) has a current Construction In Progress of $27.71 Mil. The current Construction In Progress is $27.71 Mil. Ares Strategic Mining's overall GF Score™ is 29/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Ares Strategic Mining (ARSMF), the current Construction In Progress is $27.71 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ares Strategic Mining Business Description

Other Exchanges N8I:GermanyARS:Canada
Address 409 Granville Street, Suite 1001, Vancouver, BC, CAN, V6C 1T2
Ares Strategic Mining Inc is a junior natural resource mining company. The Company has one reportable segment, being the acquisition, exploration, and development of resource properties. It is engaged in the acquisition and exploration of lithium resource properties. Its projects include Lost Sheep, Vanadium Ridge Property, Liard Property, jackpot lake property, Wilcox playa and Ontario properties.
29GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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