Azimut Exploration Inc. (OTCMKTS:AZMTF) Stock Short Interest Climbs 251.1%

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the target of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 23,618 shares, a growth of 251.1% from the October 15th total of 6,727 shares. Based on an average daily volume of 33,425 shares, the short-interest ratio is presently 0.7 days.

Azimut Exploration Trading Down 2.4%

OTCMKTS AZMTF opened at $0.29 on Friday. Azimut Exploration has a fifty-two week low of $0.29 and a fifty-two week high of $0.84. The stock has a 50 day simple moving average of $0.38 and a two-hundred day simple moving average of $0.47.

Azimut Exploration Company Profile

Azimut Exploration Inc. is a Canadian mineral exploration company focused on the discovery and advancement of mineral deposits in Quebec. The company searches for gold, copper, nickel, lithium and other critical minerals using geological mapping, geochemical analysis, geophysics and drilling. Azimut’s exploration portfolio includes projects in several of Quebec’s major mineral regions, including the James Bay and Nunavik areas. Its projects have included the Patwon gold project and properties prospective for copper, nickel, lithium and other strategic commodities.