Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Up 28.2% in October

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 10,000 shares, a growth of 28.2% from the September 30th total of 7,800 shares. Based on an average trading volume of 8,900 shares, the days-to-cover ratio is presently 1.1 days.

Azimut Exploration Stock Performance

Shares of Azimut Exploration stock opened at $0.45 on Wednesday. The stock’s 50-day moving average is $0.39 and its 200 day moving average is $0.41. Azimut Exploration has a one year low of $0.30 and a one year high of $0.75.

Azimut Exploration Company Profile

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.