Amex Exploration Inc. (OTCMKTS:AMXEF) Sees Large Decrease in Short Interest

Amex Exploration Inc. (OTCMKTS:AMXEF) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 105,400 shares, a decrease of 11.9% from the September 30th total of 119,700 shares. Based on an average daily trading volume, of 37,000 shares, the days-to-cover ratio is currently 2.8 days.

Amex Exploration Stock Performance

Shares of AMXEF opened at $0.81 on Thursday. The business’s fifty day moving average price is $0.97 and its 200 day moving average price is $1.14. Amex Exploration has a 12-month low of $0.72 and a 12-month high of $1.59.

Amex Exploration Company Profile

Amex Exploration Inc, together with its subsidiaries, engages in the exploration of gold mining properties in Canada. The company’s flagship property is the 100% owned Perron Gold Project consisting of 117 contiguous claims covering an area of 4,836 hectares located in Quebec, Canada. The company was formerly known as Coleraine Mining Resources, Inc Amex Exploration Inc was incorporated in 1986 and is based in Montreal, Canada.