Ares Strategic Mining Inc. (OTCMKTS:ARSMF – Get Rating) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 500 shares, an increase of 400.0% from the June 15th total of 100 shares. Based on an average trading volume of 206,200 shares, the days-to-cover ratio is currently 0.0 days.
Ares Strategic Mining Price Performance
Shares of OTCMKTS:ARSMF opened at 0.21 on Friday. Ares Strategic Mining has a 12 month low of 0.15 and a 12 month high of 0.56. The company's 50-day moving average price is 0.22 and its two-hundred day moving average price is 0.29.
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Ares Strategic Mining Inc, a junior natural resource mining company, acquires and explores for fluorspar properties. 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 67 claims covering an area of approximately 1,447 acres located in western Utah, the United States; and the Liard Fluorspar property, which includes 14 claims located in British Columbia.Featured Stories
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