Amex Exploration Inc. (OTCMKTS:AMXEF) Stock Short Interest Climbs 96.2%

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

Amex Exploration Stock Up 2.8%

Amex Exploration stock opened at $2.60 on Friday. Amex Exploration has a twelve month low of $1.74 and a twelve month high of $4.00. The stock has a 50 day moving average of $3.08 and a two-hundred day moving average of $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.