Ares Strategic Mining Inc. (OTCMKTS:ARSMF – Get Rating) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 51,800 shares, an increase of 60.4% from the September 30th total of 32,300 shares. Based on an average daily trading volume, of 162,800 shares, the short-interest ratio is currently 0.3 days.
Ares Strategic Mining Stock Performance
Ares Strategic Mining stock opened at 0.19 on Friday. Ares Strategic Mining has a one year low of 0.15 and a one year high of 0.50. The firm has a 50-day moving average of 0.25 and a 200-day moving average of 0.25.
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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.See Also
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