TSX · Other Industrial Metals & Mining · CAD

Asarian Energy Limited (ARN.TO) Stock Analysis

Asarian Energy Limited (ARN.TO) is a Other Industrial Metals & Mining stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

ARN.TO

CA$0.40

−CA$0.01 (−1.23%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ARN.TO Key Statistics

As of Oct 21, 2026

Trading

Open: CA$0.41
Previous Close: CA$0.41
Day's Range: 0.39–0.41
52-Week Range: 0.26–0.66
Volume: 92.24K
Beta: 0.20

Valuation

Market Cap: CA$97.89M
P/E Ratio: unprofitable
EPS (ttm): −0.01

Financials (FY)

Revenue (FY): CA$0.00
Net Income (FY): −CA$1.99M
Shares Outstanding: 244.73M
1-Year Return: +2.56%

Dividend and dates

Earnings Date: November 12, 2026estimated
Avg Volume: 267.34K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, ARN.TO closed at CA$0.40, +2.56% over 1 year.

Asarian Energy Limited (ARN.TO) has a market capitalization of CA$97.89M.

In fiscal 2025, ARN.TO reported revenue of CA$0.00.

ARN.TO Stock Return by Calendar Year

Asarian Energy Limited (ARN.TO) 10-year return: what CA$10,000 became

1 year: CA$10,000 CA$10,256; +2.56%
5 years: CA$10,000 CA$3,774; −62.26%
10 years: CA$10,000 CA$57,143; +471.43%

If you had invested CA$10,000 in Asarian Energy Limited (ARN.TO) 10 years ago, at the close on October 21, 2016, it would have been worth CA$57,143 at the close on October 21, 2026: +471.43% in total, +19.04% a year. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+183.33%−56.06%+37.93%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+37.93%
2025	−56.06%
2024	−13.16%
2023	+52.00%
2022	−41.18%
2021	+183.33%
2020	+150.00%
2019	−52.00%
2018	+47.06%
2017	+54.55%
2016 (partial year)	+37.50%

As of October 21, 2026.

ARN.TO Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	CA$0.00	−CA$1.99M	—
2024	CA$0.00	−CA$2.66M	—
2023	CA$0.00	−CA$5.82M	—
2022	CA$0.00	CA$1.96M	—

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	CA$0.00	—	−CA$2.13M	−CA$1.99M	—
2024	CA$0.00	—	−CA$2.92M	−CA$2.66M	—
2023	CA$0.00	—	−CA$6.37M	−CA$5.82M	—
2022	CA$0.00	—	−CA$1.76M	CA$1.96M	—

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

Analysis

Data-derived

Company Overview

Asarian Energy Limited (ARN.TO) carries a market capitalisation of CA$97.89M. It is classified in the Other Industrial Metals & Mining industry, within the Basic Materials sector. Headcount on file is 12.

The most recent close on file for ARN.TO is CA$0.40, dated October 21, 2026. That is −CA$0.01 (−1.23%) against the previous close. Over the past 52 weeks the price has ranged from CA$0.26 to CA$0.66. The latest close sits 53.85% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to CA$0.00. The same year closed with a net loss of CA$1.99M. Trailing earnings per share are −0.01.

Across the 4 fiscal years on file, revenue moves from CA$0.00 in 2022 to CA$0.00 in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published.

The reported beta is 0.2. Daily returns over the trailing 10 years annualize to a volatility of 103.03%. The trailing one-year total return is +2.56%. Measured over 10 years, that is +19.04% a year compounded.

Growth & Income

No dividend is on file for ARN.TO.

Across the complete calendar years on file, 2021 returned +183.33% and 2025 returned −56.06%. Of the 9 complete calendar years on file, 5 finished higher. 2026 is still running; the total return is +37.93% year to date.

Peer Comparison

Asarian Energy Limited (ARN.TO) operates in the Other Industrial Metals & Mining industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Asarian Energy Limited	ARN.TO	CA$97.89M	—
BHP Group Limited	BHP	$211.50B	21.6
Rio Tinto Group	RIO	$141.37B	11.8
Vale S.A.	VALE	$54.05B	25.4

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Other Industrial Metals & Mining industry average P/E ratio is 18.2x. Asarian Energy Limited has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Asarian Energy Limited

Asarian Energy Limited together with its subsidiaries, engages in the acquisition, exploration, and development of uranium mineral properties in Africa. Its flagship project is the Norasa uranium project combination of the Valencia uranium project; and the Namibplaas uranium project that covers approximately 1,266 hectares located in the Republic of Namibia. The company was formerly known as Forsys Metals Corp. and changed its name to Asarian Energy Limited in August 2026. Asarian Energy Limited was incorporated in 1985 and is headquartered in Toronto, Canada.

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