Azimut Exploration (CVE:AZM) Shares Pass Above Fifty Day Moving Average – What’s Next?

Posted by Kyle Jackson on Feb 6th, 2026

Azimut Exploration Inc. (CVE:AZM – Get Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.84 and traded as high as C$0.92. Azimut Exploration shares last traded at C$0.87, with a volume of 61,041 shares changing hands.

Wall Street Analysts Forecast Growth

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

View Our Latest Research Report on AZM

Azimut Exploration Stock Performance

The company has a debt-to-equity ratio of 0.07, a quick ratio of 5.50 and a current ratio of 3.17. The stock’s 50-day moving average price is C$0.84 and its 200-day moving average price is C$0.76. The company has a market capitalization of C$87.63 million, a price-to-earnings ratio of -41.43 and a beta of 1.87.

Insider Activity

In other news, insider Jonathan Rosset bought 35,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The shares were purchased at an average price of C$0.76 per share, with a total value of C$26,600.00. Following the completion of the acquisition, the insider directly owned 655,000 shares in the company, valued at approximately C$497,800. This trade represents a 5.65% increase in their ownership of the stock. 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.