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

Ares Strategic Mining Inc. (OTCMKTS:ARSMF) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 59,000 shares, a growth of 30.0% from the February 13th total of 45,400 shares. Based on an average daily volume of 308,800 shares, the short-interest ratio is currently 0.2 days.

Ares Strategic Mining Stock Performance

Shares of OTCMKTS:ARSMF opened at $0.13 on Tuesday. The company has a fifty day simple moving average of $0.12 and a 200 day simple moving average of $0.12. Ares Strategic Mining has a 12-month low of $0.09 and a 12-month 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.