Azimut Exploration Inc. (OTCMKTS:AZMTF – Get Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 5,930 shares, a decrease of 58.0% from the June 15th total of 14,130 shares. Based on an average daily trading volume, of 24,028 shares, the days-to-cover ratio is presently 0.2 days.
Azimut Exploration Trading Down 4.2%
AZMTF opened at $0.41 on Tuesday. Azimut Exploration has a one year low of $0.39 and a one year high of $0.84. The business’s 50-day simple moving average is $0.48 and its 200-day simple moving average is $0.54.
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.
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