Ares Strategic Mining Inc. (OTCMKTS:ARSMF – Get Rating) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 15,100 shares, a drop of 24.1% from the October 31st total of 19,900 shares. Based on an average trading volume of 98,900 shares, the days-to-cover ratio is presently 0.2 days.
Ares Strategic Mining Price Performance
Ares Strategic Mining stock opened at 0.20 on Thursday. Ares Strategic Mining has a one year low of 0.15 and a one year high of 0.50. The business has a fifty day moving average of 0.21 and a two-hundred day moving average of 0.23.
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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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