Azimut Exploration Inc. (OTCMKTS:AZMTF) Short Interest Down 99.6% in July

Azimut Exploration Inc. (OTCMKTS:AZMTF) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 24 shares, a decline of 99.6% from the June 30th total of 5,930 shares. Based on an average trading volume of 21,810 shares, the short-interest ratio is presently 0.0 days.

Azimut Exploration Price Performance

AZMTF traded down $0.02 on Friday, reaching $0.40. The stock had a trading volume of 18,200 shares, compared to its average volume of 25,005. Azimut Exploration has a fifty-two week low of $0.39 and a fifty-two week high of $0.84. The firm has a 50-day moving average of $0.46 and a 200-day moving average of $0.53.

Azimut Exploration Company Profile

Azimut Exploration Inc (OTCMKTS: AZMTF) is a Canadian mineral exploration company focused on the identification and delineation of large‐scale gold and base metal deposits in Quebec. The company’s primary business activities include the acquisition, exploration and development of mineral properties, with an emphasis on underexplored greenstone belts in the Abitibi region and the James Bay territory.

Azimut’s exploration model combines detailed geological mapping, multi‐disciplinary geophysical surveys and systematic geochemical sampling to generate high‐potential targets.