Amex Exploration Inc. (OTCMKTS:AMXEF – Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 61,317 shares, a decrease of 64.1% from the May 14th total of 170,652 shares. Based on an average trading volume of 43,814 shares, the short-interest ratio is presently 1.4 days.
Amex Exploration Stock Up 3.7%
AMXEF opened at $3.09 on Friday. The business has a 50 day moving average price of $3.42 and a two-hundred day moving average price of $3.16. Amex Exploration has a 52 week low of $1.03 and a 52 week high of $4.00.
About Amex Exploration
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.
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