Amex Exploration Inc. (OTCMKTS:AMXEF) Shares Shorted: Short Interest Up 96.2% in September

Amex Exploration Inc. (OTCMKTS:AMXEF) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 55,055 shares, a growth of 96.2% from the September 15th total of 28,056 shares. Based on an average daily volume of 45,062 shares, the short-interest ratio is currently 1.2 days.

Amex Exploration Stock Performance

OTCMKTS:AMXEF opened at $2.53 on Thursday. Amex Exploration has a 12 month low of $1.74 and a 12 month high of $4.00. The company’s 50-day moving average price is $3.09 and its two-hundred day moving average price is $3.15.

Amex Exploration Company Profile

Amex Exploration Inc is a Canadian mineral exploration company focused on discovering and advancing gold properties. The company does not operate producing mines; its activities include geological exploration, drilling, resource evaluation and project development.

Amex Exploration’s principal asset is the Perron Gold Project in the Abitibi region of Quebec, Canada. The project covers a large land package in a well-established mining district and includes multiple gold-bearing zones. Exploration has focused on defining and expanding mineralization through drilling and related technical programs.

The company has historically concentrated its activities in Quebec, a province with established mining infrastructure and a long history of gold production.