Ares Strategic Mining (XCNQ:ARS) 3-Year Book Growth Rate : 3.50% (As of Mar. 2024)

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What is Ares Strategic Mining 3-Year Book Growth Rate?

Ares Strategic Mining's Book Value per Share for the quarter that ended in Mar. 2024 was C$0.08.

During the past 12 months, Ares Strategic Mining's average Book Value per Share Growth Rate was -23.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was 3.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was -17.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was -32.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Ares Strategic Mining was 3.50% per year. The lowest was -56.50% per year. And the median was -21.50% per year.

Competitive Comparison of Ares Strategic Mining's 3-Year Book Growth Rate

For the Other Industrial Metals & Mining subindustry, Ares Strategic Mining's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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 3-Year Book Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ares Strategic Mining's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Ares Strategic Mining's 3-Year Book Growth Rate falls into.

Ares Strategic Mining 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Ares Strategic Mining (XCNQ:ARS) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Ares Strategic Mining 3-Year Book Growth Rate Related Terms

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Ares Strategic Mining (XCNQ:ARS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ares Strategic Mining Inc (XCNQ:ARS) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

ARSMF:USA N8I:Germany

Address

409 Granville Street, Suite 1001, Vancouver, BC, CAN, V6C 1T2

Website

https://www.aresmining.com

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.

Executives

James Walker

Director, Senior Officer

Ares Strategic Mining (XCNQ:ARS) Headlines

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