Ares Strategic Mining Inc. (OTCMKTS:ARSMF) Short Interest Down 63.0% in October

Ares Strategic Mining Inc. (OTCMKTS:ARSMF) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 11,200 shares, a decrease of 63.0% from the September 30th total of 30,300 shares. Based on an average daily volume of 104,800 shares, the short-interest ratio is presently 0.1 days.

Ares Strategic Mining Trading Up 1.2 %

ARSMF opened at 0.11 on Monday. Ares Strategic Mining has a one year low of 0.09 and a one year high of 0.17. The business’s 50 day moving average price is 0.12 and its 200 day moving average price is 0.13.

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.