Short Interest in Ares Strategic Mining Inc. (OTCMKTS:ARSMF) Decreases By 95.8%

Ares Strategic Mining Inc. (OTCMKTS:ARSMF) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 3,200 shares, a decrease of 95.8% from the November 30th total of 76,600 shares. Based on an average daily trading volume, of 317,600 shares, the days-to-cover ratio is currently 0.0 days.

Ares Strategic Mining Stock Up 8.3 %

Shares of ARSMF traded up $0.01 during mid-day trading on Friday, reaching $0.14. The company had a trading volume of 154,360 shares, compared to its average volume of 111,147. The stock has a 50 day moving average of $0.12 and a two-hundred day moving average of $0.12. Ares Strategic Mining has a 52-week low of $0.09 and a 52-week high of $0.17.

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.