Azimut Exploration Inc. (CVE:AZM – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday. The stock traded as low as C$0.48 and last traded at C$0.55, with a volume of 328,316 shares changing hands. The stock had previously closed at C$0.51.
Azimut Exploration Price Performance
The stock has a fifty day moving average of C$0.60 and a two-hundred day moving average of C$0.64. The stock has a market capitalization of C$55.43 million, a price-to-earnings ratio of 6.11 and a beta of 1.09. The company has a current ratio of 2.72, a quick ratio of 5.50 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.
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