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

Amex Exploration Inc. (OTCMKTS:AMXEF) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 68,200 shares, a decrease of 15.0% from the March 31st total of 80,200 shares. Based on an average trading volume of 44,200 shares, the days-to-cover ratio is presently 1.5 days.

Amex Exploration Stock Performance

AMXEF traded down $0.01 during trading on Friday, reaching $1.37. 1,514 shares of the stock traded hands, compared to its average volume of 18,928. The stock’s 50-day moving average is $1.23 and its 200 day moving average is $1.05. Amex Exploration has a 12 month low of $0.72 and a 12 month high of $1.60.

Amex Exploration Company Profile

Amex Exploration Inc, together with its subsidiaries, engages in the exploration of gold mining properties in Canada. The company holds interest in the Perron project and the Lebel-sur-Quévillon project located in Quebec. It also holds interest in the Eastmain River South, North, and Central projects located in Chibougamau, Quebec.