Short Interest in Azimut Exploration Inc. (OTCMKTS:AZMTF) Grows By 30.0%

Azimut Exploration Inc. (OTCMKTS:AZMTFGet Free Report) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 6,500 shares, an increase of 30.0% from the April 30th total of 5,000 shares. Based on an average daily volume of 17,500 shares, the days-to-cover ratio is presently 0.4 days.

Azimut Exploration Price Performance

Shares of Azimut Exploration stock opened at $0.45 on Friday. The company’s fifty day simple moving average is $0.49 and its two-hundred day simple moving average is $0.56. Azimut Exploration has a 12-month low of $0.42 and a 12-month high of $1.02.

Azimut Exploration Company Profile

(Get Free Report)

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.

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