Amex Exploration Inc. (OTCMKTS:AMXEF) Sees Large Decrease in Short Interest

Amex Exploration Inc. (OTCMKTS:AMXEF) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 119,700 shares, a decline of 23.6% from the September 15th total of 156,700 shares. Based on an average daily trading volume, of 28,000 shares, the short-interest ratio is currently 4.3 days.

Amex Exploration Stock Performance

Shares of AMXEF stock opened at $0.91 on Tuesday. The business has a 50-day moving average of $1.07 and a 200 day moving average of $1.19. Amex Exploration has a 1-year low of $0.72 and a 1-year high of $1.59.

About Amex Exploration

Amex Exploration Inc, together with its subsidiaries, engages in the exploration of gold mining properties in Canada. The company’s flagship property is the 100% owned Perron Gold Project consisting of 117 contiguous claims covering an area of 4,836 hectares located in Quebec, Canada. The company was formerly known as Coleraine Mining Resources, Inc Amex Exploration Inc was incorporated in 1986 and is based in Montreal, Canada.