Short Interest in Azimut Exploration Inc. (OTCMKTS:AZMTF) Rises By 15,873.4%

Azimut Exploration Inc. (OTCMKTS:AZMTF) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 19,807 shares, an increase of 15,873.4% from the December 15th total of 124 shares. Based on an average daily trading volume, of 63,344 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 63,344 shares, the short-interest ratio is currently 0.3 days.

Azimut Exploration Trading Up 2.8%

Azimut Exploration stock opened at $0.60 on Tuesday. The firm has a 50 day simple moving average of $0.55 and a 200 day simple moving average of $0.52. Azimut Exploration has a 1-year low of $0.32 and a 1-year high of $0.66.

About Azimut Exploration

Azimut Exploration Inc (OTCMKTS: AZMTF) is a Canadian mineral exploration company focused on the identification and delineation of large‐scale gold and base metal deposits in Quebec. The company’s primary business activities include the acquisition, exploration and development of mineral properties, with an emphasis on underexplored greenstone belts in the Abitibi region and the James Bay territory.

Azimut’s exploration model combines detailed geological mapping, multi‐disciplinary geophysical surveys and systematic geochemical sampling to generate high‐potential targets.