Azimut Exploration (CVE:AZM) Stock Crosses Below 200-Day Moving Average – Here’s Why

Posted by Andrew Walz on Mar 15th, 2026

Azimut Exploration Inc. (CVE:AZM – Get Free Report)’s stock 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 changing hands.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Analysis on Azimut Exploration

Azimut Exploration Price Performance

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 firm has a market capitalization of C$73.53 million, a price-to-earnings ratio of -34.76 and a beta of 1.26. The company’s 50 day moving average is C$0.84 and its 200-day moving average is C$0.79.

Insider Transactions at Azimut Exploration

In other Azimut Exploration news, insider Jonathan Rosset acquired 35,000 shares of the business’s stock in a transaction dated Wednesday, December 31st. The stock was bought at an average cost of C$0.76 per share, with a total value of C$26,600.00. Following the completion of the transaction, the insider directly owned 655,000 shares in the company, valued at approximately C$497,800. This represents a 5.65% increase in their position. 16.63% of the stock is owned by corporate insiders.

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.