Amex Exploration Inc. (OTCMKTS:AMXEF) Sees Large Decrease in Short Interest

Amex Exploration Inc. (OTCMKTS:AMXEF) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 20,646 shares, a drop of 16.9% from the February 12th total of 24,856 shares. Based on an average daily volume of 88,795 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 88,795 shares, the short-interest ratio is currently 0.2 days.

Amex Exploration Stock Performance

Amex Exploration stock opened at $2.83 on Tuesday. Amex Exploration has a fifty-two week low of $0.57 and a fifty-two week high of $4.00. The firm’s 50-day simple moving average is $3.30 and its 200 day simple moving average is $2.61.

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.