Amex Exploration Inc. (OTCMKTS:AMXEF – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 147,195 shares, an increase of 263.3% from the October 15th total of 40,519 shares. Based on an average trading volume of 57,183 shares, the short-interest ratio is presently 2.6 days.
Amex Exploration Trading Down 4.1%
Shares of AMXEF stock opened at $2.55 on Friday. The stock has a 50 day moving average of $2.85 and a 200 day moving average of $3.08. Amex Exploration has a twelve month low of $1.95 and a twelve month high of $4.00.
About Amex Exploration
Amex Exploration Inc. is a Canadian mineral exploration company focused on the discovery and development of gold properties. The company’s activities include geological mapping, geophysical surveys, drilling, resource evaluation and other exploration work designed to identify and define mineralization. It does not currently operate as a mining producer or manufacture commercial products. Amex’s principal asset is the Perron Gold Project in Quebec’s prolific Abitibi Greenstone Belt, near the town of Normetal.
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