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

Ares Strategic Mining Inc. (OTCMKTS:ARSMF) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 25,500 shares, a decrease of 72.8% from the January 15th total of 93,700 shares. Based on an average trading volume of 419,400 shares, the short-interest ratio is presently 0.1 days.

Ares Strategic Mining Stock Down 2.7 %

Shares of OTCMKTS ARSMF traded down $0.00 during trading hours on Wednesday, reaching $0.11. The stock had a trading volume of 93,646 shares, compared to its average volume of 219,179. The business’s fifty day moving average price is $0.13 and its two-hundred day moving average price is $0.12. Ares Strategic Mining has a 52-week low of $0.09 and a 52-week high of $0.17.

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.