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

Azimut Exploration Inc. (CVE:AZM) insider Jonathan Rosset purchased 20,000 shares of the stock in a transaction dated Thursday, July 30th. The stock was purchased at an average cost of C$0.58 per share, for a total transaction of C$11,600.00. Following the completion of the purchase, the insider directly owned 890,000 shares of the company’s stock, valued at approximately C$516,200. The trade was a 2.30% increase in their ownership of the stock.

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

• On Monday, July 27th, Jonathan Rosset purchased 10,000 shares of Azimut Exploration stock. The stock was acquired at an average cost 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 acquired at an average price of C$0.57 per share, with a total value of C$11,400.00.
• On Monday, July 6th, Jonathan Rosset acquired 20,000 shares of Azimut Exploration stock. The shares were acquired at an average cost of C$0.60 per share, with a total value of C$12,000.00.
• On Wednesday, June 24th, Jonathan Rosset acquired 25,000 shares of Azimut Exploration stock. The stock was bought at an average price of C$0.60 per share, for a total transaction of C$15,000.00.
• On Thursday, May 28th, Jonathan Rosset bought 5,000 shares of Azimut Exploration stock. The stock was bought at an average cost of C$0.70 per share, for a total transaction 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, for a total transaction of C$7,100.00.
• On Wednesday, May 27th, Jonathan Rosset bought 35,000 shares of Azimut Exploration stock. The shares were bought at an average cost of C$0.70 per share, with a total value of C$24,500.00.

Azimut Exploration Trading Up 1.8%

Shares of AZM traded up C$0.01 during trading on Thursday, reaching C$0.57. 30,988 shares of the company traded hands, compared to its average volume of 76,160. Azimut Exploration Inc. has a twelve month low of C$0.52 and a twelve month high of C$1.10. The stock has a market cap of C$57.44 million, a PE ratio of 6.33 and a beta of 1.17. The stock has a 50-day simple moving average of C$0.63 and a 200-day simple moving average of C$0.72. 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.