Shares of Azimut Exploration Inc. (CVE:AZM – Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.69 and traded as low as C$0.64. Azimut Exploration shares last traded at C$0.66, with a volume of 13,245 shares trading hands.
Azimut Exploration Price Performance
The company has a quick ratio of 5.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.68. The company has a market capitalization of C$66.51 million, a P/E ratio of 7.33 and a beta of 1.18. The business has a 50 day simple moving average of C$0.69 and a 200-day simple moving average of C$0.76.
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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