Jonathan Rosset Acquires 20,000 Shares of Azimut Exploration (CVE:AZM) Stock

Azimut Exploration Inc. (CVE:AZM) insider Jonathan Rosset bought 20,000 shares of Azimut Exploration stock in a transaction dated Monday, July 6th. The stock was acquired at an average price of C$0.60 per share, with a total value of C$12,000.00. Following the completion of the transaction, the insider directly owned 820,000 shares of the company’s stock, valued at approximately C$492,000. The trade was a 2.50% increase in their ownership of the stock.

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

• On Wednesday, June 24th, Jonathan Rosset bought 25,000 shares of Azimut Exploration stock. The stock was acquired at an average cost of C$0.60 per share, for a total transaction of C$15,000.00.
• On Thursday, May 28th, Jonathan Rosset purchased 5,000 shares of Azimut Exploration stock. The stock was bought at an average price of C$0.70 per share, with a total value of C$3,500.00.
• On Thursday, May 28th, Jonathan Rosset bought 10,000 shares of Azimut Exploration stock. The stock was bought at an average cost of C$0.71 per share, with a total value of C$7,100.00.
• On Wednesday, May 27th, Jonathan Rosset purchased 35,000 shares of Azimut Exploration stock. The stock was purchased at an average cost of C$0.70 per share, with a total value of C$24,500.00.

Azimut Exploration Price Performance

CVE:AZM opened at C$0.61 on Wednesday. Azimut Exploration Inc. has a 52 week low of C$0.52 and a 52 week high of C$1.10. The stock’s fifty day moving average is C$0.67 and its two-hundred day moving average is C$0.74. The company has a market capitalization of C$61.48 million, a P/E ratio of 6.78 and a beta of 1.17. The company has a quick ratio of 5.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.68.

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.