Azimut Exploration (CVE:AZM) Stock: Insider Jonathan Rosset Buys 40,000 Shares

Azimut Exploration Inc. (CVE:AZM) insider Jonathan Rosset acquired 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The stock was purchased at an average cost of C$0.45 per share, with a total value of C$18,000.00. Following the acquisition, the insider directly owned 1,000,000 shares of the company’s stock, valued at 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 shares were bought at an average cost of C$0.51 per share, for a total transaction of C$15,300.00.

Azimut Exploration Price Performance

CVE:AZM opened at C$0.42 on Friday. Azimut Exploration Inc. has a 12 month low of C$0.42 and a 12 month high of C$1.10. 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 stock has a 50 day moving average of C$0.54 and a two-hundred day moving average of C$0.66. The firm has a market cap of C$42.33 million, a P/E ratio of 4.67 and a beta of 0.95.

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.