Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Down 58.0% in June

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 5,930 shares, a decline of 58.0% from the June 15th total of 14,130 shares. Based on an average daily volume of 24,028 shares, the short-interest ratio is currently 0.2 days.

Azimut Exploration Stock Performance

Azimut Exploration stock opened at $0.43 on Wednesday. Azimut Exploration has a 1-year low of $0.39 and a 1-year high of $0.84. The stock’s fifty day moving average is $0.48 and its two-hundred day moving average is $0.54.

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.