Insider Buying: Azimut Exploration (CVE:AZM) Insider Acquires C$18,000.00 in Stock

Azimut Exploration Inc. (CVE:AZM – Get Free Report) insider Jonathan Rosset acquired 40,000 shares of the stock in a transaction dated Wednesday, November 4th. The stock was acquired at an average price of C$0.45 per share, for a total transaction of C$18,000.00. Following the purchase, the insider directly owned 1,000,000 shares in the company, valued at approximately C$450,000. This trade represents a 4.17% increase in their ownership of the stock.

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

  • On Wednesday, October 14th, Jonathan Rosset acquired 30,000 shares of Azimut Exploration stock. The stock was acquired at an average cost of C$0.51 per share, for a total transaction of C$15,300.00.

Azimut Exploration Stock Performance

AZM opened at C$0.42 on Friday. The company’s 50 day moving average is C$0.54 and its 200 day moving average is 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 company has a market cap of C$42.33 million, a price-to-earnings ratio of 4.67 and a beta of 0.95. Azimut Exploration Inc. has a 12-month low of C$0.42 and a 12-month high of C$1.10.

About Azimut Exploration

(Get Free Report)

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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