Ares Strategic Mining Inc. (OTCMKTS:ARSMF – Get Rating) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 9,100 shares, a decline of 93.4% from the February 28th total of 136,900 shares. Based on an average trading volume of 208,400 shares, the days-to-cover ratio is currently 0.0 days.
Ares Strategic Mining Price Performance
Shares of Ares Strategic Mining stock traded up 0.02 during trading on Monday, reaching 0.10. The company's stock had a trading volume of 125,900 shares, compared to its average volume of 139,346. Ares Strategic Mining has a 52-week low of 0.07 and a 52-week high of 0.38. The firm's 50-day moving average is 0.11 and its two-hundred day moving average is 0.18.
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Ares Strategic Mining, Inc is a junior mining Company, which engages in progressing fluorspar projects towards exploitation, production, and supplying metspar and acidspar to the markets. Its projects include Lost Sheep, Liard Property, and The Iron and Vanadium Ridge. The company was founded on November 20, 2009 and is headquartered in Vancouver, Canada.
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