Azimut Exploration (CVE:AZM) Insider Jonathan Rosset Buys 30,000 Shares of Company Stock

Azimut Exploration Inc. (CVE:AZM) insider Jonathan Rosset bought 30,000 shares of Azimut Exploration stock in a transaction dated Wednesday, October 14th. The stock was purchased at an average price of C$0.51 per share, with a total value of C$15,300.00. Following the purchase, the insider directly owned 960,000 shares in the company, valued at approximately C$489,600. This trade represents a 3.23% increase in their position.

Jonathan Rosset also recently made the following trade(s):

• On Thursday, July 30th, Jonathan Rosset bought 20,000 shares of Azimut Exploration stock. The stock was purchased at an average cost of C$0.58 per share, for a total transaction of C$11,600.00.
• On Monday, July 27th, Jonathan Rosset bought 10,000 shares of Azimut Exploration stock. The stock was purchased at an average cost of C$0.57 per share, for a total transaction of C$5,700.00.
• On Thursday, July 23rd, Jonathan Rosset purchased 20,000 shares of Azimut Exploration stock. The shares were purchased at an average price of C$0.57 per share, for a total transaction of C$11,400.00.

Azimut Exploration Trading Down 9.3%

Shares of Azimut Exploration stock opened at C$0.49 on Thursday. Azimut Exploration Inc. has a 52-week low of C$0.48 and a 52-week high of C$1.10. 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’s 50-day simple moving average is C$0.60 and its 200-day simple moving average is C$0.63. The firm has a market cap of C$49.38 million, a price-to-earnings ratio of 5.44 and a beta of 1.09.

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.