Short Interest in Azimut Exploration Inc. (OTCMKTS:AZMTF) Declines By 74.1%

Azimut Exploration Inc. (OTCMKTS:AZMTF) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 700 shares, a decline of 74.1% from the December 31st total of 2,700 shares. Based on an average trading volume of 9,900 shares, the days-to-cover ratio is currently 0.1 days.

Azimut Exploration Stock Performance

Azimut Exploration stock remained flat at $0.45 during mid-day trading on Tuesday. Azimut Exploration has a 52 week low of $0.30 and a 52 week high of $0.62. The business’s fifty day moving average price is $0.45 and its 200 day moving average price is $0.42.

About Azimut Exploration

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.