Short Interest in Ares Strategic Mining Inc. (OTCMKTS:ARSMF) Expands By 39.0%

Ares Strategic Mining Inc. (OTCMKTS:ARSMF) was the target of a large increase in short interest in September. As of September 30th, there was short interest totalling 30,300 shares, an increase of 39.0% from the September 15th total of 21,800 shares. Based on an average daily volume of 215,400 shares, the short-interest ratio is presently 0.1 days.

Ares Strategic Mining Trading Up 0.1 %

ARSMF opened at 0.12 on Monday. The firm has a fifty day moving average price of 0.12 and a 200 day moving average price of 0.13. Ares Strategic Mining has a 1 year low of 0.09 and a 1 year high of 0.18.

Ares Strategic Mining Company Profile

Ares Strategic Mining Inc, a junior natural resource mining company, engages in the acquisition, exploration, and development of fluorspar properties in Canada and the United States. It focuses on the exploitation, production, and supply of metspar and acidspar. The company holds 100% interest in the Lost Sheep Fluoride Mine that consists of 353 claims covering an area of approximately 5,982 acres located in western Utah, the United States; and the Liard Fluorspar property, which includes 55 claims covering an area of approximately 55,000 acres located in British Columbia.