Amex Exploration Inc. (OTCMKTS:AMXEF) Short Interest Down 23.6% in September

Amex Exploration Inc. (OTCMKTS:AMXEF) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 119,700 shares, a decline of 23.6% from the September 15th total of 156,700 shares. Based on an average daily volume of 28,000 shares, the days-to-cover ratio is currently 4.3 days.

Amex Exploration Price Performance

Shares of OTCMKTS:AMXEF opened at $0.88 on Friday. The company’s fifty day moving average is $1.08 and its two-hundred day moving average is $1.19. Amex Exploration has a 12-month low of $0.72 and a 12-month high of $1.59.

Amex Exploration Company Profile

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.