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

Azimut Exploration Inc. (CVE:AZM) insider Jonathan Rosset acquired 20,000 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was bought at an average cost of C$0.60 per share, with a total value of C$12,000.00. Following the purchase, the insider owned 820,000 shares in the company, valued at 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 purchased at an average price of C$0.60 per share, with a total value of C$15,000.00.
• On Thursday, May 28th, Jonathan Rosset bought 5,000 shares of Azimut Exploration stock. The shares were acquired 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 shares were 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 acquired 35,000 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$24,500.00.

Azimut Exploration Stock Performance

Shares of CVE:AZM remained flat at C$0.63 during trading on Monday. 56,637 shares of the stock were exchanged, compared to its average volume of 82,483. The company has a current ratio of 2.72, a quick ratio of 5.50 and a debt-to-equity ratio of 0.68. The business’s 50 day moving average is C$0.67 and its two-hundred day moving average is C$0.75. Azimut Exploration Inc. has a 12 month low of C$0.52 and a 12 month high of C$1.10. The stock has a market capitalization of C$63.49 million, a PE ratio of 7.00 and a beta of 1.17.

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.