Azimut Exploration Inc. (CVE:AZM – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday. The stock traded as low as C$0.42 and last traded at C$0.45, with a volume of 36,228 shares trading hands. The stock had previously closed at C$0.42.
Azimut Exploration Trading Down 2.2%
The business has a 50 day moving average of C$0.53 and a 200-day moving average of C$0.66. The company has a current ratio of 2.72, a quick ratio of 5.50 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of C$44.34 million, a P/E ratio of 4.89 and a beta of 0.95.
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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