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

Amex Exploration Inc. (OTCMKTS:AMXEF) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 68,200 shares, a drop of 15.0% from the March 31st total of 80,200 shares. Based on an average daily volume of 44,200 shares, the short-interest ratio is currently 1.5 days.

Amex Exploration Stock Performance

AMXEF stock traded down $0.01 during midday trading on Friday, hitting $1.37. 1,514 shares of the company’s stock were exchanged, compared to its average volume of 18,928. The stock’s fifty day moving average price is $1.23 and its 200-day moving average price is $1.05. Amex Exploration has a one year low of $0.72 and a one year high of $1.60.

Amex Exploration Company Profile

Amex Exploration Inc, together with its subsidiaries, engages in the exploration of gold mining properties in Canada. The company holds interest in the Perron project and the Lebel-sur-Quévillon project located in Quebec. It also holds interest in the Eastmain River South, North, and Central projects located in Chibougamau, Quebec.