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

Azimut Exploration Inc. (OTCMKTS:AZMTF) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 2,700 shares, a decrease of 72.4% from the November 30th total of 9,800 shares. Based on an average trading volume of 13,400 shares, the short-interest ratio is currently 0.2 days.

Azimut Exploration Price Performance

Shares of AZMTF stock remained flat at $0.41 during trading hours on Thursday. Azimut Exploration has a 52 week low of $0.30 and a 52 week high of $0.75. The business’s 50-day moving average price is $0.46 and its 200 day moving average price is $0.41.

Azimut Exploration Company Profile

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.