Azimut Exploration (CVE:AZM) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Azimut Exploration Inc. (CVE:AZMGet Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.70 and traded as low as C$0.68. Azimut Exploration shares last traded at C$0.68, with a volume of 900 shares traded.

Azimut Exploration Price Performance

The firm has a 50 day moving average price of C$0.70 and a 200 day moving average price of C$0.76. The company has a quick ratio of 5.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.68. The stock has a market cap of C$68.53 million, a P/E ratio of 7.56 and a beta of 1.38.

Azimut Exploration Company Profile

(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.

Further Reading

Receive News & Ratings for Azimut Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Azimut Exploration and related companies with MarketBeat.com's FREE daily email newsletter.