Azimut Exploration (CVE:AZM) Share Price Passes Below 50 Day Moving Average of $0.49

Azimut Exploration Inc. (CVE:AZM)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.49 and traded as low as C$0.48. Azimut Exploration shares last traded at C$0.48, with a volume of 13,250 shares.

Azimut Exploration Trading Up 2.1 %

The company has a quick ratio of 5.50, a current ratio of 3.73 and a debt-to-equity ratio of 0.13. The stock’s fifty day moving average price is C$0.49 and its two-hundred day moving average price is C$0.60. The company has a market capitalization of C$41.90 million, a PE ratio of 24.50 and a beta of 2.12.

Azimut Exploration (CVE:AZM) last posted its earnings results on Friday, July 19th. The mining company reported C($0.02) earnings per share for the quarter. The firm had revenue of C$0.08 million for the quarter. Azimut Exploration had a return on equity of 2.07% and a net margin of 311.80%.

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.