Azimut Exploration (CVE:AZM) Insider Jonathan Rosset Purchases 20,000 Shares

Azimut Exploration Inc. (CVE:AZM) insider Jonathan Rosset purchased 20,000 shares of the company’s stock in a transaction dated Thursday, July 23rd. The shares were purchased at an average price of C$0.57 per share, for a total transaction of C$11,400.00. Following the completion of the purchase, the insider owned 840,000 shares of the company’s stock, valued at approximately C$478,800. This trade represents a 2.44% increase in their ownership of the stock.

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

• On Monday, July 6th, Jonathan Rosset purchased 20,000 shares of Azimut Exploration stock. The shares were purchased 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 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 acquired 5,000 shares of Azimut Exploration stock. The stock was 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 acquired at an average price 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 acquired at an average cost of C$0.70 per share, with a total value of C$24,500.00.

Azimut Exploration Stock Down 3.4%

AZM opened at C$0.56 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 5.50. 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$56.44 million, a P/E ratio of 6.22 and a beta of 1.17. The business has a 50 day simple moving average of C$0.64 and a 200-day simple moving average of C$0.73.

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.