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ARSMF (Ares Strategic Mining) Market Cap : $21.44 Mil (As of Dec. 15, 2024)


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What is Ares Strategic Mining Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Ares Strategic Mining's share price for the quarter that ended in Jun. 2024 was $0.12. Ares Strategic Mining's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 160.78 Mil. Therefore, Ares Strategic Mining's market cap for the quarter that ended in Jun. 2024 was $19.29 Mil.

Ares Strategic Mining's quarterly market cap declined from Dec. 2023 ($22.60 Mil) to Mar. 2024 ($21.37 Mil) and declined from Mar. 2024 ($21.37 Mil) to Jun. 2024 ($19.29 Mil).

Ares Strategic Mining's annual market cap declined from Sep. 2021 ($41.43 Mil) to Sep. 2022 ($33.35 Mil) and declined from Sep. 2022 ($33.35 Mil) to Sep. 2023 ($18.61 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Ares Strategic Mining's Enterprise Value for Today is $34.73 Mil.


Ares Strategic Mining Market Cap Historical Data

The historical data trend for Ares Strategic Mining's Market Cap 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.

* Premium members only.

Ares Strategic Mining Market Cap Chart

Ares Strategic Mining Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 10.87 41.43 33.35 18.61

Ares Strategic Mining Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Market Cap 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 25.46 18.61 22.60 21.37 19.29

Competitive Comparison of Ares Strategic Mining's Market Cap

For the Other Industrial Metals & Mining subindustry, Ares Strategic Mining's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ares Strategic Mining's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ares Strategic Mining's Market Cap distribution charts can be found below:

* The bar in red indicates where Ares Strategic Mining's Market Cap falls into.



Ares Strategic Mining Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Ares Strategic Mining's Market Cap for the fiscal year that ended in Sep. 2023 is calculated as

Market Cap (A: Sep. 2023 )=Share Price (A: Sep. 2023 )*Shares Outstanding (EOP) (A: Sep. 2023 )
=$0.1339*139.001
=$18.61

Ares Strategic Mining's Market Cap for the quarter that ended in Jun. 2024 is calculated as

Market Cap (Q: Jun. 2024 )=Share Price (Q: Jun. 2024 )*Shares Outstanding (EOP) (Q: Jun. 2024 )
=$0.12*160.783
=$19.29

* 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  (OTCPK:ARSMF) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Ares Strategic Mining Market Cap Related Terms

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Ares Strategic Mining Business Description

Traded in Other Exchanges
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, and Liard Property.

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