Short Interest in Azimut Exploration Inc. (OTCMKTS:AZMTF) Expands By 55.6%

Azimut Exploration Inc. (OTCMKTS:AZMTF) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 4,200 shares, an increase of 55.6% from the August 31st total of 2,700 shares. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is currently 1.8 days.

Azimut Exploration Price Performance

AZMTF remained flat at $0.42 on Friday. 102 shares of the company’s stock traded hands, compared to its average volume of 9,952. The business has a 50-day simple moving average of $0.37 and a two-hundred day simple moving average of $0.43. Azimut Exploration has a twelve month low of $0.30 and a twelve month high of $0.76.

Azimut Exploration Company Profile

Azimut Exploration Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for copper, gold, base metals, chromium, nickel, diamond, tellurium, bismuth, tungsten, tin, molybdenum, rhenium, indium, rare earth elements, uranium, zinc, silver, cobalt, and platinum group elements.