Short Interest in Azimut Exploration Inc. (OTCMKTS:AZMTF) Increases By 7,120.8%

Azimut Exploration Inc. (OTCMKTS:AZMTF) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,733 shares, an increase of 7,120.8% from the April 30th total of 24 shares. Based on an average daily volume of 15,425 shares, the short-interest ratio is presently 0.1 days.

Azimut Exploration Trading Up 2.9%

Shares of AZMTF stock opened at $0.51 on Friday. Azimut Exploration has a 12 month low of $0.39 and a 12 month high of $0.84. The business’s 50 day moving average is $0.51 and its two-hundred day moving average is $0.56.

Azimut Exploration Company Profile

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.