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

Ares Strategic Mining Inc. (OTCMKTS:ARSMF) was the recipient of a large decline in short interest in April. As of April 15th, there was short interest totalling 22,000 shares, a decline of 30.6% from the March 31st total of 31,700 shares. Based on an average trading volume of 175,500 shares, the days-to-cover ratio is currently 0.1 days.

Ares Strategic Mining Trading Up 4.0 %

OTCMKTS:ARSMF traded up 0.01 during midday trading on Friday, reaching 0.14. 290,400 shares of the stock traded hands, compared to its average volume of 90,358. Ares Strategic Mining has a 12-month low of 0.09 and a 12-month high of 0.21. The business has a 50-day moving average of 0.14 and a two-hundred day moving average of 0.14.

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.