Azimut Exploration (CVE:AZM) Shares Cross Below 50 Day Moving Average – What’s Next?

Posted by Jeff Wilder on Feb 26th, 2026

Azimut Exploration Inc. (CVE:AZM – Get Free Report) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.84 and traded as low as C$0.75. Azimut Exploration shares last traded at C$0.82, with a volume of 227,900 shares.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft lowered shares of Azimut Exploration from a “buy” rating to a “hold” rating in a report on Monday, November 17th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Check Out Our Latest Report on AZM

Azimut Exploration Price Performance

The stock has a market capitalization of C$82.60 million, a P/E ratio of -39.05 and a beta of 1.87. The company has a debt-to-equity ratio of 0.07, a quick ratio of 5.50 and a current ratio of 3.17. The business has a fifty day simple moving average of C$0.84 and a 200-day simple moving average of C$0.78.

Insider Buying and Selling

In related news, insider Jonathan Rosset purchased 35,000 shares of the firm’s stock in a transaction on Wednesday, December 31st. The stock was purchased at an average cost of C$0.76 per share, with a total value of C$26,600.00. Following the completion of the purchase, the insider owned 655,000 shares in the company, valued at approximately C$497,800. This trade represents a 5.65% increase in their position. Insiders own 16.63% of the company’s stock.

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.