AXMIN INC ORDINARY SHARES CANADA (OTCMKTS:AXMIF) Could Burn Your Long Portfolio After More Shorts

May 17, 2018 - By Karen Cook

The stock of AXMIN INC ORDINARY SHARES CANADA (OTCMKTS:AXMIF) registered an increase of 528.57% in short interest. AXMIF’s total short interest was 22,000 shares in May as published by FINRA. Its up 528.57% from 3,500 shares, reported previously. With 49,500 shares average volume, it will take short sellers 0 days to cover their AXMIF’s short positions.

It closed at $0.109 lastly. It is down 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

AXMIN Inc., a development stage company, engages in the exploration and development of mineral properties in Central, East, and West Africa. The company has market cap of $13.48 million. The firm explores for gold. It has a 12.11 P/E ratio. It primarily holds a royalty interest in the Senegal project located in the Birimian belt of eastern Senegal.

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