Ares Strategic Mining Inc. (OTCMKTS:ARSMF) Short Interest Update

Ares Strategic Mining Inc. (OTCMKTS:ARSMF) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 76,600 shares, an increase of 228.8% from the November 15th total of 23,300 shares. Based on an average daily volume of 250,200 shares, the days-to-cover ratio is presently 0.3 days.

Ares Strategic Mining Stock Up 2.4 %

OTCMKTS ARSMF traded up 0.00 during trading hours on Wednesday, hitting 0.13. The company had a trading volume of 146,100 shares, compared to its average volume of 104,856. The firm has a 50 day simple moving average of 0.11 and a 200 day simple moving average of 0.12. Ares Strategic Mining has a 52 week low of 0.09 and a 52 week high of 0.17.

About Ares Strategic Mining

Ares Strategic Mining Inc, a junior natural resource mining company, engages in the acquisition, exploration, and development of fluorspar properties in Canada and the United States. 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 353 claims covering an area of approximately 5,982 acres located in western Utah, the United States; and the Liard Fluorspar property, which includes 55 claims covering an area of approximately 55,000 acres located in British Columbia.