Azimut Exploration Inc. (CVE:AZM – Get Free Report)’s share price hit a new 52-week low on Wednesday. The stock traded as low as C$0.55 and last traded at C$0.55, with a volume of 50500 shares. The stock had previously closed at C$0.58.
Azimut Exploration Trading Down 5.2%
The company’s fifty day moving average price is C$0.60 and its two-hundred day moving average price is C$0.65. 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 has a market cap of C$55.43 million, a price-to-earnings ratio of 6.11 and a beta of 1.13.
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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