Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Up 22,733.3% in July

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 5,480 shares, an increase of 22,733.3% from the July 15th total of 24 shares. Based on an average daily volume of 21,459 shares, the days-to-cover ratio is currently 0.3 days.

Azimut Exploration Stock Performance

Shares of AZMTF stock traded down $0.00 during trading hours on Tuesday, hitting $0.46. 15,650 shares of the company were exchanged, compared to its average volume of 24,400. Azimut Exploration has a fifty-two week low of $0.36 and a fifty-two week high of $0.84. The company has a 50 day simple moving average of $0.44 and a two-hundred day simple moving average of $0.51.

About Azimut Exploration

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.