Azimut Exploration Inc. (CVE:AZM – Get Free Report)’s stock price dropped 8.5% during trading on Monday . The stock traded as low as C$0.65 and last traded at C$0.65. Approximately 113,500 shares changed hands during mid-day trading, an increase of 308% from the average daily volume of 27,797 shares. The stock had previously closed at C$0.71.
Azimut Exploration Stock Performance
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 has a 50-day moving average of C$0.63 and a 200 day moving average of C$0.57. The stock has a market cap of C$56.50 million, a PE ratio of 33.00 and a beta of 2.12.
About Azimut Exploration
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.
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