Shares of Azimut Exploration Inc. (CVE:AZM – Get Free Report) hit a new 52-week low during trading on Wednesday. The stock traded as low as C$0.55 and last traded at C$0.55, with a volume of 50500 shares trading hands. The stock had previously closed at C$0.58.
Azimut Exploration Stock Down 5.2%
The business has a 50-day simple moving average of C$0.60 and a two-hundred day simple moving average of C$0.65. The stock has a market capitalization of C$55.43 million, a P/E ratio of 6.11 and a beta of 1.13. The company has a quick ratio of 5.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.68.
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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