Azimut Exploration Inc. (CVE:AZM – Get Free Report) hit a new 52-week low on Tuesday. The company traded as low as C$0.52 and last traded at C$0.57, with a volume of 4000 shares changing hands. The stock had previously closed at C$0.52.
Azimut Exploration Price Performance
The firm has a market capitalization of C$50.39 million, a P/E ratio of 5.56 and a beta of 1.09. The business’s 50-day simple moving average is C$0.60 and its 200 day simple moving average is C$0.64. The company has a quick ratio of 5.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.68.
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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