Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Down 63.8% in January

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the target of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 2,900 shares, a decline of 63.8% from the January 15th total of 8,000 shares. Based on an average daily trading volume, of 5,800 shares, the days-to-cover ratio is currently 0.5 days.

Azimut Exploration Price Performance

Shares of Azimut Exploration stock opened at $0.44 on Thursday. The company’s fifty day moving average price is $0.44 and its two-hundred day moving average price is $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.