Azimut Exploration Inc. (CVE:AZM – Get Free Report)’s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.70 and traded as low as C$0.68. Azimut Exploration shares last traded at C$0.68, with a volume of 900 shares changing hands.
Azimut Exploration Stock Performance
The company has a market capitalization of C$67.52 million, a PE ratio of 7.44 and a beta of 1.18. The company has a debt-to-equity ratio of 0.68, a quick ratio of 5.50 and a current ratio of 2.72. The company has a 50 day moving average price of C$0.70 and a 200 day moving average price of C$0.76.
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.
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