Azimut Exploration (CVE:AZM) Insider Jonathan Rosset Acquires 35,000 Shares

Azimut Exploration Inc. (CVE:AZM) insider Jonathan Rosset acquired 35,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were bought at an average price of C$0.70 per share, with a total value of C$24,500.00. Following the completion of the purchase, the insider directly owned 735,000 shares in the company, valued at C$514,500. The trade was a 5.00% increase in their ownership of the stock.

Azimut Exploration Trading Down 1.4%

Shares of CVE AZM opened at C$0.69 on Thursday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 5.50. The stock has a market capitalization of C$69.54 million, a P/E ratio of 7.67 and a beta of 1.38. Azimut Exploration Inc. has a 1-year low of C$0.52 and a 1-year high of C$1.10. The business has a fifty day moving average price of C$0.70 and a 200 day moving average price of C$0.76.

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.