Azimut Exploration (CVE:AZM) Stock Passes Below 200-Day Moving Average – What’s Next?

Posted by Micah Haroldson on Mar 14th, 2026

Azimut Exploration Inc. (CVE:AZM – Get Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.79 and traded as low as C$0.73. Azimut Exploration shares last traded at C$0.73, with a volume of 21,630 shares trading hands.

Analyst Upgrades and Downgrades

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

Read Our Latest Report on AZM

Azimut Exploration Stock Performance

The stock has a 50 day moving average price of C$0.84 and a two-hundred day moving average price of C$0.79. The company has a current ratio of 2.83, a quick ratio of 5.50 and a debt-to-equity ratio of 1.38. The company has a market cap of C$73.53 million, a price-to-earnings ratio of -34.76 and a beta of 1.26.

Insider Buying and Selling

In related news, insider Jonathan Rosset bought 35,000 shares of the business’s stock in a transaction 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 purchase, the insider owned 655,000 shares of the company’s stock, valued at C$497,800. This represents a 5.65% increase in their position. Corporate 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.