Azimut Exploration (CVE:AZM) Insider Acquires C$15,300.00 in Stock

Azimut Exploration Inc. (CVE:AZM) insider Jonathan Rosset bought 30,000 shares of the firm’s stock in a transaction dated Wednesday, October 14th. The stock was purchased at an average cost of C$0.51 per share, for a total transaction of C$15,300.00. Following the transaction, the insider directly owned 960,000 shares of the company’s stock, valued at C$489,600. The trade was a 3.23% increase in their position.

Jonathan Rosset also recently made the following trade(s):

• On Thursday, July 30th, Jonathan Rosset bought 20,000 shares of Azimut Exploration stock. The shares were purchased at an average price of C$0.58 per share, for a total transaction of C$11,600.00.
• On Monday, July 27th, Jonathan Rosset bought 10,000 shares of Azimut Exploration stock. The shares were purchased at an average price of C$0.57 per share, for a total transaction of C$5,700.00.
• On Thursday, July 23rd, Jonathan Rosset purchased 20,000 shares of Azimut Exploration stock. The shares were purchased at an average cost of C$0.57 per share, with a total value of C$11,400.00.

Azimut Exploration Stock Performance

AZM traded up C$0.01 during trading on Friday, hitting C$0.49. The stock had a trading volume of 59,840 shares, compared to its average volume of 77,558. The company has a 50 day moving average price of C$0.59 and a 200-day moving average price of C$0.63. The firm has a market cap of C$49.89 million, a price-to-earnings ratio of 5.50 and a beta of 1.09. Azimut Exploration Inc. has a one year low of C$0.48 and a one year high of C$1.10. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 5.50.

About Azimut Exploration

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.