Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Down 74.1% in January

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the recipient of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 700 shares, a drop of 74.1% from the December 31st total of 2,700 shares. Based on an average daily volume of 9,900 shares, the days-to-cover ratio is currently 0.1 days.

Azimut Exploration Price Performance

Shares of OTCMKTS AZMTF remained flat at $0.45 during mid-day trading on Thursday. The company had a trading volume of 12 shares, compared to its average volume of 7,700. Azimut Exploration has a 52-week low of $0.30 and a 52-week high of $0.62. The business’s fifty day moving average is $0.45 and its 200 day moving average is $0.42.

About Azimut Exploration

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.