Amex Exploration Inc. (OTCMKTS:AMXEF) Sees Large Decrease in Short Interest

Amex Exploration Inc. (OTCMKTS:AMXEF) was the target of a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 13,751 shares, a drop of 33.4% from the February 26th total of 20,646 shares. Based on an average daily volume of 80,199 shares, the days-to-cover ratio is presently 0.2 days.

Amex Exploration Trading Up 1.7%

Shares of AMXEF opened at $2.48 on Friday. Amex Exploration has a one year low of $0.57 and a one year high of $4.00. The stock has a 50 day moving average price of $3.14 and a 200 day moving average price of $2.64.

About Amex Exploration

Amex Exploration (OTCMKTS: AMXEF) is a Canadian mineral exploration company focused on the acquisition, exploration and development of precious and base metal deposits in Quebec. The company targets gold, copper and silver mineralization through systematic geological mapping, geochemical sampling, geophysical surveys and diamond drilling programs.

The company’s flagship asset is the Perron gold project, situated in the heart of the prolific Abitibi greenstone belt. At Perron, Amex has identified multiple high‐grade zones of gold‐copper‐silver mineralization across several distinct target areas, supported by trenching and drilling results.