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

Azimut Exploration Inc. (OTCMKTS:AZMTF – Get Free Report) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 24 shares, a decline of 89.3% from the August 31st total of 224 shares. Based on an average daily volume of 14,710 shares, the short-interest ratio is presently 0.0 days.

Azimut Exploration Price Performance

Shares of AZMTF traded down $0.05 during midday trading on Thursday, reaching $0.37. The stock had a trading volume of 200 shares, compared to its average volume of 26,861. The company’s 50-day moving average is $0.43 and its 200 day moving average is $0.47. Azimut Exploration has a 12-month low of $0.36 and a 12-month high of $0.84.

Azimut Exploration Company Profile

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Azimut Exploration Inc is a Canadian mineral exploration company focused on discovering and advancing mineral deposits in the province of Quebec. The company’s activities center on geological mapping, geochemical and geophysical surveys, drilling, and other exploration programs designed to evaluate the potential for gold, copper, nickel, lithium and other critical minerals.

Azimut’s exploration portfolio includes projects in the Nunavik region of northern Quebec and the Eeyou Istchee James Bay area.

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