Ares Strategic Mining Inc. (OTCMKTS:ARSMF – Get Rating) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 32,300 shares, a decline of 59.0% from the September 15th total of 78,800 shares. Based on an average trading volume of 188,900 shares, the short-interest ratio is presently 0.2 days.
Ares Strategic Mining Stock Performance
OTCMKTS ARSMF traded up 0.00 on Thursday, hitting 0.23. 81,500 shares of the company's stock traded hands, compared to its average volume of 143,694. The firm's 50-day moving average price is 0.27 and its two-hundred day moving average price is 0.26. Ares Strategic Mining has a 1-year low of 0.15 and a 1-year high of 0.50.
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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 Articles
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