Short Interest in Amex Exploration Inc. (OTCMKTS:AMXEF) Grows By 277.0%

Amex Exploration Inc. (OTCMKTS:AMXEF) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 117,437 shares, an increase of 277.0% from the January 15th total of 31,147 shares. Based on an average daily trading volume, of 161,410 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 161,410 shares, the days-to-cover ratio is currently 0.7 days.

Amex Exploration Stock Up 4.8%

Shares of OTCMKTS:AMXEF opened at $3.40 on Thursday. The business’s 50-day moving average is $3.17 and its 200 day moving average is $2.32. Amex Exploration has a 1 year low of $0.57 and a 1 year high of $4.00.

Amex Exploration Company Profile

Amex Exploration (OTCMKTS: AMXEF) is a Canadian mineral exploration company focused on the acquisition, exploration and development of precious and base metal deposits in Quebec. The company targets gold, copper and silver mineralization through systematic geological mapping, geochemical sampling, geophysical surveys and diamond drilling programs.

The company’s flagship asset is the Perron gold project, situated in the heart of the prolific Abitibi greenstone belt. At Perron, Amex has identified multiple high‐grade zones of gold‐copper‐silver mineralization across several distinct target areas, supported by trenching and drilling results.