Amex Exploration Inc. (OTCMKTS:AMXEF) Sees Significant Growth in Short Interest

Amex Exploration Inc. (OTCMKTS:AMXEF) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 130,200 shares, an increase of 23.5% from the October 15th total of 105,400 shares. Based on an average trading volume of 56,400 shares, the days-to-cover ratio is currently 2.3 days.

Amex Exploration Trading Up 10.8 %

Shares of AMXEF stock opened at $0.94 on Friday. Amex Exploration has a 12-month low of $0.72 and a 12-month high of $1.59. The business’s 50 day moving average is $0.86 and its two-hundred day moving average is $1.10.

About Amex Exploration

Amex Exploration Inc, together with its subsidiaries, engages in the exploration of gold mining properties in Canada. The company’s flagship property is the 100% owned Perron Gold Project consisting of 117 contiguous claims covering an area of 4,836 hectares located in Quebec, Canada. The company was formerly known as Coleraine Mining Resources, Inc Amex Exploration Inc was incorporated in 1986 and is based in Montreal, Canada.