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

Amex Exploration Inc. (OTCMKTS:AMXEF) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 42,716 shares, a decrease of 53.5% from the August 15th total of 91,839 shares. Based on an average trading volume of 56,040 shares, the short-interest ratio is presently 0.8 days.

Amex Exploration Stock Down 2.3%

Shares of AMXEF stock opened at $3.21 on Wednesday. The stock has a fifty day moving average price of $3.03 and a 200 day moving average price of $3.15. Amex Exploration has a 1 year low of $1.74 and a 1 year high of $4.00.

About Amex Exploration

Amex Exploration (OTCMKTS: AMXEF) is a Canadian mineral exploration company focused on the acquisition, exploration and development of precious and base metal deposits in Quebec. The company targets gold, copper and silver mineralization through systematic geological mapping, geochemical sampling, geophysical surveys and diamond drilling programs.

The company’s flagship asset is the Perron gold project, situated in the heart of the prolific Abitibi greenstone belt. At Perron, Amex has identified multiple high‐grade zones of gold‐copper‐silver mineralization across several distinct target areas, supported by trenching and drilling results.