Azimut Exploration Inc. (OTCMKTS:AZMTF) Sees Significant Decrease in Short Interest

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 500 shares, a decrease of 83.3% from the March 15th total of 3,000 shares. Based on an average daily trading volume, of 16,100 shares, the short-interest ratio is currently 0.0 days.

Shares of OTCMKTS AZMTF traded down $0.00 during mid-day trading on Wednesday, reaching $0.82. 8,757 shares of the company’s stock traded hands, compared to its average volume of 22,071. The business has a 50-day simple moving average of $0.79 and a 200 day simple moving average of $0.78. Azimut Exploration has a 1-year low of $0.60 and a 1-year high of $2.35.

About Azimut Exploration

Azimut Exploration Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for copper, gold, zinc, silver, cobalt, tungsten, rare earth elements, uranium, chromium, nickel, and platinum group elements. As at December 22, 2020, the company holds an exploration portfolio of twenty-eight exploration properties, comprising of 11,916 claims in the James Bay and Nunavik regions.

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