Amex Exploration Inc. (OTCMKTS:AMXEF) Short Interest Down 64.1% in May

Amex Exploration Inc. (OTCMKTS:AMXEF) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 61,317 shares, a drop of 64.1% from the May 14th total of 170,652 shares. Based on an average daily trading volume, of 43,814 shares, the days-to-cover ratio is presently 1.4 days.

Amex Exploration Stock Up 1.5%

Shares of Amex Exploration stock opened at $3.14 on Friday. Amex Exploration has a twelve month low of $1.03 and a twelve month high of $4.00. The firm’s 50-day moving average price is $3.42 and its 200 day moving average price is $3.16.

Amex Exploration Company Profile

Amex Exploration (OTCMKTS: AMXEF) is a Canadian mineral exploration company focused on the acquisition, exploration and development of precious and base metal deposits in Quebec. The company targets gold, copper and silver mineralization through systematic geological mapping, geochemical sampling, geophysical surveys and diamond drilling programs.

The company’s flagship asset is the Perron gold project, situated in the heart of the prolific Abitibi greenstone belt. At Perron, Amex has identified multiple high‐grade zones of gold‐copper‐silver mineralization across several distinct target areas, supported by trenching and drilling results.