ARRAS MINERALS CORP. (ARRKF)
Arras Minerals Corp. concentrates its efforts on the entire lifecycle of mineral resource properties, encompassing their identification, thorough assessment, and ultimate advancement. A key asset for the company is an exclusive option to secure complete ownership of the Beskauga copper-gold project. This venture is located in Kazakhstan and consists of three adjoining exploration licenses. Arras Minerals Corp. was established in 2021 and maintains its corporate headquarters in Vancouver, Canada.
Sector: Metal Mining
Industry: Other Precious Metals
Arras Minerals Corp.
OTC:ARRKFBasic Materials · Other Precious Metals
-0.67%$0.7273
Mkt Cap$49.82M
Float56.41M
O/S68.5M
Inst Own-
SI0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$10.95M
Total Assets$14.51M
Free Cash Flow-$5.35M
Debt & Equity
Debt 0%
Equity 100%
Total Debt$39K
Total Equity$13.86M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ARRKF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$14.51M
Liabilities$652K
Accounts Receivable$264K
Accounts Payable$594K
Inventory$0
PP&E (Net)$1.54M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - |
| Cost of Revenue | $127K | $121K | $117K | $55K | $22K |
| Gross Profit | -$127K | -$121K | -$117K | -$55K | -$22K |
| Gross Margin | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $5.48M | $2.97M | $5.55M | $2.04M | $2.17M |
| Other | $0 | $0 | $0 | $3.6M | $0 |
| Total Operating Expenses | $5.48M | $2.97M | $5.55M | $5.64M | $2.17M |
| Operating Income (EBIT) | -$5.61M | -$3.09M | -$5.66M | -$5.7M | -$2.19M |
| Operating Margin | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $207K | $34K | $72K | $188 | $11 |
| Other Income (Expense) | -$5.34M | $918K | $107K | -$249K | $48K |
| Income Before Tax (EBT) | -$10.95M | -$2.17M | -$5.56M | -$5.95M | -$2.14M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$10.95M | -$2.17M | -$5.56M | -$5.95M | -$2.14M |
| Net Income Margin | - | - | - | - | - |
| Supplementary Data | |||||
| EPS | -0.10 | -0.03 | -0.08 | -0.12 | -0.06 |
| Diluted EPS | -0.10 | -0.03 | -0.08 | -0.12 | -0.06 |
| Weighted Average OS | 107.90M | 76.91M | 67.22M | 51.58M | 34.45M |
| EBITDA | -$5.48M | -$2.05M | -$5.44M | -$5.53M | -$2.12M |
| EBITDA Margin | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 |
| Assets | |||||
| Current Assets | |||||
| Cash and Cash Equivalents | $2.14M | $949K | $291K | $424K | $3.81M |
| Short-Term Investments | $8.26M | $779K | $0 | $0 | $0 |
| Cash and Short-Term Investments | $10.4M | $1.73M | $291K | $424K | $3.81M |
| Accounts Receivable | $264K | $102K | $11K | $19K | $3.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $137K | $129K | $0 | $0 | $0 |
| Total Current Assets | $12.67M | $2.71M | $520K | $598K | $7.04M |
| Long-Term Assets | |||||
| Property, Plant & Equipment Net | $1.54M | $5.25M | $5.37M | $5.46M | $757K |
| Goodwill | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $304K | $457K | $531K | $593K | $0 |
| Total Long-Term Assets | $1.84M | $5.71M | $5.9M | $6.05M | $757K |
| Other Assets | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $14.51M | $8.42M | $6.42M | $6.65M | $7.79M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $594K | $575K | $518K | $485K | $542K |
| Short-Term Debt | $0 | $0 | $0 | $23K | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$274 | $962K | $0 | -$23K | $542K |
| Total Current Liabilities | $652K | $1.65M | $654K | $579K | $542K |
| Long-Term Liabilities | |||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $39K | $125K | $203K | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $652K | $1.68M | $779K | $782K | $542K |
| Stockholders' Equity | |||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $38.79M | $20.94M | $17.75M | $12.51M | $8.44M |
| Retained Earnings | -$26.92M | -$16M | -$13.78M | -$8.06M | -$2.11M |
| Comprehensive Income & Other | $1.99M | $1.79M | $1.67M | $1.42M | $923K |
| Other Stockholders' Equity | $1.99M | $1.79M | $1.67M | $1.42M | $923K |
| Total Equity | $13.86M | $6.74M | $5.64M | $5.87M | $7.25M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $14.51M | $8.42M | $6.42M | $6.65M | $7.79M |
| Supplementary Data | |||||
| Total Debt | $39K | $125K | $203K | $297K | $0 |
| Net Debt | -$2.1M | -$824K | -$88K | -$127K | -$3.81M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 |
| Operating Activities | |||||
| Net Income | -$10.95M | -$2.17M | -$5.72M | -$5.95M | -$2.14M |
| Depreciation & Amortization | $127K | $121K | $117K | $88K | $22K |
| Deferred Income Tax | $0 | $0 | $0 | $55K | $0 |
| Stock-Based Compensation | $845K | $263K | $254K | $493K | $0 |
| Changes in Working Capital: | |||||
| Accounts Receivable | -$162K | -$89K | $8K | $349K | -$19K |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $33K | -$92K | $0 |
| Other Working Capital | -$958K | -$555K | $34K | -$154K | $463K |
| Total Working Capital Change | -$1.12M | -$644K | $75K | $102K | $444K |
| Other Non-Cash Items | $6.62M | $541K | $28K | $17K | $601K |
| Net Cash from Operating | -$5.32M | -$2.15M | -$5.24M | -$5.19M | -$1.08M |
| Investing Activities | |||||
| Capital Expenditures | -$32K | -$6K | -$29K | -$44K | -$73K |
| Acquisitions | $0 | $0 | $0 | $33K | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | -$2.14M | -$2.23M |
| Net Cash from Investing | -$32K | -$6K | -$29K | -$2.15M | -$2.3M |
| Financing Activities | |||||
| Debt Repaid | $95K | $95K | $95K | $63K | - |
| Common Stock Issuance | $14.15M | $3.65M | $5.23M | $4.07M | $7.19M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$128K | $2K | $0 | -$54K | $0 |
| Net Cash from Financing | $14.02M | $3.56M | $5.14M | $3.95M | $7.19M |
| Forex Effect | -$7.48M | -$684K | $0 | $0 | -$9K |
| Net Change in Cash | $1.19M | $719K | -$133K | -$3.38M | $3.81M |
| Supplementary Data | |||||
| Operating Cash Flow | -$5.32M | -$2.15M | -$5.24M | -$5.19M | -$1.08M |
| Capital Expenditure | -$32K | -$6K | -$29K | -$44K | -$73K |
| Free Cash Flow | -$5.35M | -$2.16M | -$5.27M | -$5.23M | -$1.15M |
| Cash at Beginning | $949K | $230K | $424K | $3.81M | $0 |
| Cash at End | $2.14M | $949K | $291K | $424K | $3.81M |