Amex Exploration Inc. (OTCMKTS:AMXEF) Short Interest Down 87.2% in October

kopsource · Oct 26, 2022 13:53

Amex Exploration Inc. (OTCMKTS:AMXEF – Get Rating) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 2,200 shares, a drop of 87.2% from the September 30th total of 17,200 shares. Based on an average daily trading volume, of 13,800 shares, the short-interest ratio is currently 0.2 days.

Amex Exploration Stock Down 2.6 %

AMXEF traded down $0.03 during midday trading on Wednesday, hitting $1.14. The company's stock had a trading volume of 81,596 shares, compared to its average volume of 20,522. The firm has a 50-day moving average price of $1.36 and a two-hundred day moving average price of $1.62. Amex Exploration has a 52-week low of $1.09 and a 52-week high of $2.68.

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Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lowered their price target on Amex Exploration from C$3.75 to C$3.25 and set a "buy" rating for the company in a report on Monday.

About Amex Exploration

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Amex Exploration Inc, a junior mining exploration company, acquires, explores, and develops gold projects in Canada. Its flagship property is the 100% owned Perron gold project that consists of 117 mining claims covering an area of 4,836 hectares situated in Rouyn-Noranda, Quebec. It also holds interest in Lebel-Sur-Quévillon and Eastmain River projects located in the Abitibi region of Quebec and elsewhere in the province.

Amex Exploration Inc. (OTCMKTS:AMXEF) Short Interest Down 87.2% in October

Amex Exploration Stock Down 2.6 %

Wall Street Analyst Weigh In

About Amex Exploration

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