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

Azimut Exploration Inc. (OTCMKTS:AZMTF) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 24 shares, a decrease of 99.6% from the June 30th total of 5,930 shares. Based on an average daily volume of 21,810 shares, the short-interest ratio is currently 0.0 days.

Azimut Exploration Stock Performance

AZMTF stock opened at $0.40 on Friday. The firm has a 50 day simple moving average of $0.46 and a 200 day simple moving average of $0.53. Azimut Exploration has a 52 week low of $0.39 and a 52 week high of $0.84.

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.