Azimut Exploration (CVE:AZM) Rating Lowered to “Hold” at Deutsche Bank Aktiengesellschaft

Azimut Exploration (CVE:AZM) was downgraded by research analysts at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a note issued to investors on Monday,BayStreet.CA reports.

Azimut Exploration Stock Down 1.4%

Shares of AZM traded down C$0.01 during trading on Monday, reaching C$0.68. The company’s stock had a trading volume of 42,537 shares, compared to its average volume of 42,225. The company has a market cap of C$68.38 million, a price-to-earnings ratio of -23.05 and a beta of 2.60. The company has a quick ratio of 5.50, a current ratio of 3.17 and a debt-to-equity ratio of 0.07. The company has a fifty day moving average of C$0.77 and a two-hundred day moving average of C$0.67. Azimut Exploration has a twelve month low of C$0.45 and a twelve month high of C$0.92.

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.