Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Down 96.8% in August

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 174 shares, a decrease of 96.8% from the July 30th total of 5,480 shares. Based on an average trading volume of 25,451 shares, the days-to-cover ratio is currently 0.0 days.

Azimut Exploration Stock Performance

Shares of OTCMKTS AZMTF remained flat at $0.46 during mid-day trading on Tuesday. The stock had a trading volume of 25,800 shares, compared to its average volume of 26,160. Azimut Exploration has a twelve month low of $0.36 and a twelve month high of $0.84. The business’s fifty day moving average price is $0.43 and its 200-day moving average price is $0.49.

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.