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

Azimut Exploration Inc. (CVE:AZM) insider Jonathan Rosset bought 40,000 shares of the firm’s stock in a transaction on Wednesday, November 4th. The stock was acquired at an average cost of C$0.45 per share, with a total value of C$18,000.00. Following the transaction, the insider owned 1,000,000 shares in the company, valued at C$450,000. The trade was a 4.17% increase in their position.

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

• On Wednesday, October 14th, Jonathan Rosset purchased 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 Stock Performance

Shares of AZM stock traded up C$0.01 during trading hours on Thursday, reaching C$0.45. The company had a trading volume of 12,614 shares, compared to its average volume of 79,019. The business has a fifty day moving average price of C$0.55 and a 200-day moving average price of C$0.67. Azimut Exploration Inc. has a one year low of C$0.43 and a one year high of C$1.10. The firm has a market cap of C$45.35 million, a PE ratio of 5.00 and a beta of 1.09. The company has a debt-to-equity ratio of 0.68, a quick ratio of 5.50 and a current ratio of 2.72.

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.