Azimut Exploration Inc. (OTCMKTS:AZMTF) Sees Significant Drop in Short Interest

Azimut Exploration Inc. (OTCMKTS:AZMTFGet Free Report) was the target of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 1,000 shares, a decline of 84.6% from the May 15th total of 6,500 shares. Based on an average daily trading volume, of 18,000 shares, the days-to-cover ratio is presently 0.1 days.

Azimut Exploration Stock Up 2.1 %

OTCMKTS AZMTF traded up $0.01 on Wednesday, hitting $0.42. 2,200 shares of the company were exchanged, compared to its average volume of 8,188. Azimut Exploration has a 1-year low of $0.41 and a 1-year high of $1.02. The firm has a 50 day moving average of $0.48 and a two-hundred day moving average of $0.55.

Azimut Exploration Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Azimut Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Azimut Exploration and related companies with MarketBeat.com's FREE daily email newsletter.