Insider Buying: Azimut Exploration (CVE:AZM) Insider Purchases C$15,300.00 in Stock

Azimut Exploration Inc. (CVE:AZM) insider Jonathan Rosset purchased 30,000 shares of the stock in a transaction that occurred on Wednesday, October 14th. The stock was purchased at an average cost of C$0.51 per share, with a total value of C$15,300.00. Following the purchase, the insider owned 960,000 shares in the company, valued at C$489,600. This represents a 3.23% increase in their position.

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

• On Thursday, July 30th, Jonathan Rosset acquired 20,000 shares of Azimut Exploration stock. The stock was purchased at an average price of C$0.58 per share, for a total transaction of C$11,600.00.
• On Monday, July 27th, Jonathan Rosset acquired 10,000 shares of Azimut Exploration stock. The stock was purchased at an average price of C$0.57 per share, for a total transaction of C$5,700.00.
• On Thursday, July 23rd, Jonathan Rosset acquired 20,000 shares of Azimut Exploration stock. The shares were acquired at an average cost of C$0.57 per share, for a total transaction of C$11,400.00.

Azimut Exploration Stock Down 6.5%

AZM traded down C$0.04 during midday trading on Wednesday, hitting C$0.51. 247,861 shares of the company’s stock traded hands, compared to its average volume of 76,994. 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$50.89 million, a PE ratio of 5.61 and a beta of 1.09. The stock’s fifty day simple moving average is C$0.60 and its 200-day simple moving average is C$0.64. Azimut Exploration Inc. has a one year low of C$0.48 and a one year high of C$1.10.

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.