Azimut Exploration Inc. (CVE:AZM – Get Free Report)’s share price hit a new 52-week low during trading on Monday. The company traded as low as C$0.49 and last traded at C$0.49, with a volume of 42,589 shares traded. The stock had previously closed at C$0.49.
Azimut Exploration Price Performance
The company has a market cap of C$50.39 million, a price-to-earnings ratio of 5.56 and a beta of 1.09. 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’s 50 day moving average price is C$0.58 and its 200 day moving average price is C$0.63.
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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