Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Down 70.6% in January

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 14,204 shares, a decline of 70.6% from the January 15th total of 48,239 shares. Based on an average trading volume of 154,340 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 154,340 shares, the short-interest ratio is presently 0.1 days.

Azimut Exploration Trading Up 1.2%

Shares of Azimut Exploration stock opened at $0.59 on Thursday. Azimut Exploration has a fifty-two week low of $0.32 and a fifty-two week high of $0.84. The firm has a 50-day simple moving average of $0.62 and a two-hundred day simple moving average of $0.55.

Azimut Exploration Company Profile

Azimut Exploration Inc (OTCMKTS: AZMTF) is a Canadian mineral exploration company focused on the identification and delineation of large‐scale gold and base metal deposits in Quebec. The company’s primary business activities include the acquisition, exploration and development of mineral properties, with an emphasis on underexplored greenstone belts in the Abitibi region and the James Bay territory.

Azimut’s exploration model combines detailed geological mapping, multi‐disciplinary geophysical surveys and systematic geochemical sampling to generate high‐potential targets.