Azimut Exploration (CVE:AZM) Trading Down 11.7% – Here’s Why

Posted by Micah Haroldson on Feb 12th, 2026

Azimut Exploration Inc. (CVE:AZM – Get Free Report)’s stock price was down 11.7% during mid-day trading on Monday . The company traded as low as C$0.70 and last traded at C$0.83. Approximately 798,241 shares changed hands during mid-day trading, an increase of 389% from the average daily volume of 163,242 shares. The stock had previously closed at C$0.94.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft downgraded shares of Azimut Exploration from a “buy” rating to a “hold” rating in a report on Monday, November 17th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Check Out Our Latest Report on Azimut Exploration

Azimut Exploration Stock Performance

The company has a debt-to-equity ratio of 0.07, a current ratio of 3.17 and a quick ratio of 5.50. The firm has a fifty day simple moving average of C$0.85 and a two-hundred day simple moving average of C$0.76. The firm has a market capitalization of C$78.57 million, a P/E ratio of -37.14 and a beta of 1.87.

Insiders Place Their Bets

In other news, insider Jonathan Rosset acquired 35,000 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were acquired at an average cost of C$0.76 per share, for a total transaction of C$26,600.00. Following the purchase, the insider owned 655,000 shares of the company’s stock, valued at approximately C$497,800. The trade was a 5.65% increase in their position. Company insiders own 16.63% of the company’s stock.

About Azimut Exploration

(Get Free Report)

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.