Azimut Exploration (CVE:AZM) Shares Up 1.5% – Should You Buy?

Azimut Exploration Inc. (CVE:AZMGet Free Report)’s stock price rose 1.5% during mid-day trading on Thursday . The stock traded as high as C$0.71 and last traded at C$0.68. Approximately 73,750 shares traded hands during mid-day trading, an increase of 103% from the average daily volume of 36,393 shares. The stock had previously closed at C$0.67.

Azimut Exploration Price Performance

The company has a debt-to-equity ratio of 0.13, a quick ratio of 5.50 and a current ratio of 3.73. The firm has a fifty day simple moving average of C$0.63 and a 200 day simple moving average of C$0.56. The company has a market capitalization of C$59.92 million, a PE ratio of 35.00 and a beta of 2.12.

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.

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