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

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

Ares Strategic Mining Price Performance

OTCMKTS:ARSMF traded up $0.02 during trading hours on Friday, reaching $0.15. The company’s stock had a trading volume of 240,793 shares, compared to its average volume of 111,666. Ares Strategic Mining has a 1 year low of $0.09 and a 1 year high of $0.17. The firm has a 50-day simple moving average of $0.12 and a 200-day simple moving average of $0.12.

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.