Ares Strategic Mining Inc. (OTCMKTS:ARSMF) Short Interest Down 95.8% in December

Ares Strategic Mining Inc. (OTCMKTS:ARSMF) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 3,200 shares, a drop of 95.8% from the November 30th total of 76,600 shares. Based on an average daily volume of 317,600 shares, the days-to-cover ratio is currently 0.0 days.

Ares Strategic Mining Price Performance

Shares of ARSMF traded up $0.00 during mid-day trading on Thursday, hitting $0.13. 133,191 shares of the company’s stock were exchanged, compared to its average volume of 110,973. The business’s 50 day moving average is $0.12 and its two-hundred day moving average is $0.12. Ares Strategic Mining has a fifty-two week low of $0.09 and a fifty-two week high of $0.17.

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.