Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Down 89.3% in March

Azimut Exploration Inc. (OTCMKTS:AZMTF) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 7,000 shares, a decline of 89.3% from the February 29th total of 65,400 shares. Based on an average daily volume of 11,700 shares, the days-to-cover ratio is presently 0.6 days.

Azimut Exploration Stock Performance

OTCMKTS:AZMTF opened at $0.56 on Thursday. Azimut Exploration has a 52 week low of $0.49 and a 52 week high of $1.08. The stock’s fifty day moving average is $0.56 and its two-hundred day moving average is $0.62.

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.