Azimut Exploration Inc. (CVE:AZM – Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.67 and traded as low as C$0.59. Azimut Exploration shares last traded at C$0.62, with a volume of 24,500 shares changing hands.
Azimut Exploration Stock Performance
The business’s fifty day moving average is C$0.67 and its two-hundred day moving average is C$0.75. The company has a quick ratio of 5.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of C$63.49 million, a PE ratio of 7.00 and a beta of 1.18.
Azimut Exploration Company Profile
Azimut Exploration Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for copper, gold, base metals, chromium, nickel, diamond, tellurium, bismuth, tungsten, tin, molybdenum, rhenium, indium, rare earth elements, uranium, zinc, silver, cobalt, and platinum group elements. Its 100% owned flagship project is the Elmer gold project located in the James Bay region. The company was incorporated in 1986 and is based in Longueuil, Canada.
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