Ares Strategic Mining Inc. (OTCMKTS:ARSMF – Get Rating) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 136,900 shares, an increase of 284.6% from the February 13th total of 35,600 shares. Based on an average trading volume of 240,300 shares, the days-to-cover ratio is currently 0.6 days.
Ares Strategic Mining Price Performance
Shares of ARSMF opened at 0.09 on Friday. Ares Strategic Mining has a fifty-two week low of 0.07 and a fifty-two week high of 0.38. The business has a 50-day moving average of 0.13 and a 200 day moving average of 0.19.
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Ares Strategic Mining, Inc is a junior mining Company, which engages in progressing fluorspar projects towards exploitation, production, and supplying metspar and acidspar to the markets. Its projects include Lost Sheep, Liard Property, and The Iron and Vanadium Ridge. The company was founded on November 20, 2009 and is headquartered in Vancouver, Canada.
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