Ares Strategic Mining Inc. (OTCMKTS:ARSMF) Short Interest Down 19.9% in March

Ares Strategic Mining Inc. (OTCMKTS:ARSMF) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 77,100 shares, a drop of 19.9% from the March 15th total of 96,300 shares. Based on an average trading volume of 276,700 shares, the days-to-cover ratio is presently 0.3 days.

Ares Strategic Mining Stock Performance

OTCMKTS:ARSMF opened at $0.15 on Tuesday. Ares Strategic Mining has a fifty-two week low of $0.09 and a fifty-two week high of $0.17. The company has a fifty day moving average of $0.13 and a two-hundred day moving average of $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.