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

Ares Strategic Mining Inc. (OTCMKTS:ARSMF) saw a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 43,700 shares, a growth of 380.2% from the May 15th total of 9,100 shares. Based on an average trading volume of 1,122,900 shares, the short-interest ratio is currently 0.0 days.

Ares Strategic Mining Stock Performance

Shares of OTCMKTS:ARSMF opened at $0.21 on Thursday. Ares Strategic Mining has a 52 week low of $0.09 and a 52 week high of $0.26. The company has a 50-day moving average price of $0.16 and a 200 day moving average price of $0.14.

Ares Strategic Mining Company Profile

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.