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

Ares Strategic Mining Inc. (OTCMKTS:ARSMF) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 101,100 shares, an increase of 154.7% from the February 29th total of 39,700 shares. Based on an average trading volume of 122,500 shares, the short-interest ratio is presently 0.8 days.

Ares Strategic Mining Stock Performance

Ares Strategic Mining stock opened at 0.15 on Friday. The company’s 50-day moving average price is 0.14 and its 200-day moving average price is 0.14. Ares Strategic Mining has a twelve month low of 0.07 and a twelve month high of 0.21.

About Ares Strategic Mining

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.