Shares of Azimut Exploration Inc. (CVE:AZM) shot up 4.1% during trading on Thursday . The company traded as high as C$0.39 and last traded at C$0.39. 104,000 shares changed hands during trading, an increase of 117% from the average session volume of 48,016 shares. The stock had previously closed at C$0.37.
The company has a market cap of $18.01 million and a P/E ratio of -96.25.
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Azimut Exploration Company Profile (CVE:AZM)
Azimut Exploration Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for copper, gold, zinc, silver, cobalt, tungsten, rare earth elements, uranium, chromium, nickel, and platinum group elements, as well as base metals. As of December 21, 2018, it holds interests in 29 exploration properties comprising 7,414 claims located in the Nunavik, Ungava Bay, and James Bay regions, Canada.
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