Shares of Azimut Exploration Inc. (CVE:AZM – Get Free Report) reached a new 52-week low during mid-day trading on Monday. The company traded as low as C$0.43 and last traded at C$0.45, with a volume of 47,270 shares traded. The stock had previously closed at C$0.44.
Azimut Exploration Stock Performance
The company has a debt-to-equity ratio of 0.68, a quick ratio of 5.50 and a current ratio of 2.72. The firm has a market cap of C$44.85 million, a P/E ratio of 4.94 and a beta of 1.09. The company’s 50 day moving average is C$0.55 and its 200 day moving average is C$0.67.
About Azimut Exploration
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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