Azimut Exploration Inc. (CVE:AZM – Get Free Report)’s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.71 and traded as high as C$0.71. Azimut Exploration shares last traded at C$0.69, with a volume of 85,905 shares changing hands.
Azimut Exploration Price Performance
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 business’s 50-day moving average is C$0.71 and its two-hundred day moving average is C$0.77. The company has a market capitalization of C$69.54 million, a P/E ratio of 7.67 and a beta of 1.38.
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. 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.
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