Azimut Exploration Inc. (CVE:AZM – Get Free Report)’s stock price reached a new 52-week low on Monday. The stock traded as low as C$0.49 and last traded at C$0.49, with a volume of 42,589 shares trading hands. The stock had previously closed at C$0.49.
Azimut Exploration Stock Performance
The company has a debt-to-equity ratio of 0.68, a quick ratio of 5.50 and a current ratio of 2.72. The firm’s 50 day moving average is C$0.59 and its 200-day moving average is C$0.63. The stock has a market capitalization of C$49.38 million, a price-to-earnings ratio of 5.44 and a beta of 1.09.
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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