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

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

Ares Strategic Mining Stock Down 0.9 %

Shares of Ares Strategic Mining stock opened at 0.15 on Friday. Ares Strategic Mining has a 12 month low of 0.07 and a 12 month high of 0.21. The stock’s fifty day simple moving average is 0.14 and its 200 day simple moving average is 0.14.

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.