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

Azimut Exploration Inc. (OTCMKTS:AZMTFGet Free Report) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 5,930 shares, a decrease of 58.0% from the June 15th total of 14,130 shares. Based on an average daily trading volume, of 24,028 shares, the days-to-cover ratio is currently 0.2 days.

Azimut Exploration Stock Performance

OTCMKTS AZMTF opened at $0.42 on Thursday. Azimut Exploration has a 52-week low of $0.39 and a 52-week high of $0.84. The company has a 50-day simple moving average of $0.47 and a 200 day simple moving average of $0.54.

Azimut Exploration Company Profile

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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.

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