Ares Strategic Mining Inc. (OTCMKTS:ARSMF – Get Free Report)’s stock price shot up 7.1% during trading on Monday . The stock traded as high as $0.24 and last traded at $0.23. 702,300 shares changed hands during trading, an increase of 208% from the average session volume of 227,955 shares. The stock had previously closed at $0.22.
Ares Strategic Mining Stock Up 7.1%
The firm’s 50-day simple moving average is $0.19 and its 200-day simple moving average is $0.18.
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.
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