Azimut Exploration Inc. (OTCMKTS:AZMTF) Sees Large Decline in Short Interest

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 3,200 shares, a decline of 68.0% from the October 15th total of 10,000 shares. Based on an average daily volume of 10,900 shares, the days-to-cover ratio is currently 0.3 days.

Azimut Exploration Stock Down 3.5 %

Shares of AZMTF stock traded down $0.02 during trading on Tuesday, reaching $0.49. 9,700 shares of the company’s stock were exchanged, compared to its average volume of 9,482. The firm’s fifty day moving average price is $0.42 and its 200-day moving average price is $0.41. Azimut Exploration has a twelve month low of $0.30 and a twelve month high of $0.75.

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.