Ares Strategic Mining Inc. (OTCMKTS:ARSMF) Short Interest Update

Ares Strategic Mining Inc. (OTCMKTS:ARSMF) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 59,000 shares, an increase of 30.0% from the February 13th total of 45,400 shares. Based on an average daily trading volume, of 308,800 shares, the short-interest ratio is presently 0.2 days.

Ares Strategic Mining Stock Up 3.8 %

Shares of ARSMF stock opened at $0.13 on Tuesday. Ares Strategic Mining has a fifty-two week low of $0.09 and a fifty-two week high of $0.17. The firm’s 50 day moving average price is $0.12 and its two-hundred day moving average price is $0.12.

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.