Insider Buying: Azimut Exploration (CVE:AZM) Insider Acquires C$11,600.00 in Stock

Azimut Exploration Inc. (CVE:AZM) insider Jonathan Rosset bought 20,000 shares of the stock in a transaction dated Thursday, July 30th. The stock was purchased at an average price of C$0.58 per share, with a total value of C$11,600.00. Following the purchase, the insider owned 890,000 shares in the company, valued at C$516,200. This trade represents a 2.30% increase in their ownership of the stock.

Jonathan Rosset also recently made the following trade(s):

• On Monday, July 27th, Jonathan Rosset purchased 10,000 shares of Azimut Exploration stock. The shares were purchased at an average price of C$0.57 per share, for a total transaction of C$5,700.00.
• On Thursday, July 23rd, Jonathan Rosset purchased 20,000 shares of Azimut Exploration stock. The stock was purchased at an average cost of C$0.57 per share, for a total transaction of C$11,400.00.
• On Monday, July 6th, Jonathan Rosset acquired 20,000 shares of Azimut Exploration stock. The stock was purchased at an average price of C$0.60 per share, with a total value of C$12,000.00.
• On Wednesday, June 24th, Jonathan Rosset acquired 25,000 shares of Azimut Exploration stock. The stock was purchased at an average price of C$0.60 per share, with a total value of C$15,000.00.
• On Thursday, May 28th, Jonathan Rosset acquired 5,000 shares of Azimut Exploration stock. The shares were purchased at an average cost of C$0.70 per share, with a total value of C$3,500.00.
• On Thursday, May 28th, Jonathan Rosset bought 10,000 shares of Azimut Exploration stock. The shares were acquired at an average price of C$0.71 per share, for a total transaction of C$7,100.00.
• On Wednesday, May 27th, Jonathan Rosset bought 35,000 shares of Azimut Exploration stock. The stock was acquired at an average cost of C$0.70 per share, for a total transaction of C$24,500.00.

Azimut Exploration Price Performance

Shares of Azimut Exploration stock opened at C$0.57 on Friday. 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 company has a 50-day moving average of C$0.63 and a 200 day moving average of C$0.72. The firm has a market cap of C$57.44 million, a price-to-earnings ratio of 6.33 and a beta of 1.17. Azimut Exploration Inc. has a 1 year low of C$0.52 and a 1 year high of C$1.10.

Azimut Exploration Company Profile

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.