Shares of Azimut Exploration Inc. (CVE:AZM – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as C$0.52 and last traded at C$0.57, with a volume of 4000 shares trading hands. The stock had previously closed at C$0.52.
Azimut Exploration Trading Up 9.6%
The business has a 50 day simple moving average of C$0.60 and a 200 day simple moving average of C$0.64. 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 market cap of C$57.44 million, a price-to-earnings ratio of 6.33 and a beta of 1.09.
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.
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