Short Interest in Azimut Exploration Inc. (OTCMKTS:AZMTF) Declines By 74.1%

Azimut Exploration Inc. (OTCMKTS:AZMTF) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 700 shares, a decrease of 74.1% from the December 31st total of 2,700 shares. Based on an average daily trading volume, of 9,900 shares, the days-to-cover ratio is presently 0.1 days.

Azimut Exploration Stock Performance

Shares of OTCMKTS AZMTF opened at $0.45 on Wednesday. The firm has a 50 day moving average price of $0.45 and a two-hundred day moving average price of $0.42. Azimut Exploration has a 52-week low of $0.30 and a 52-week high of $0.62.

Azimut Exploration Company Profile

Azimut Exploration Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for copper, gold, base metals, chromium, nickel, diamond, tellurium, bismuth, tungsten, tin, molybdenum, rhenium, indium, rare earth elements, uranium, zinc, silver, cobalt, and platinum group elements.