Azimut Exploration (CVE:AZM) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Azimut Exploration Inc. (CVE:AZMGet Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.69 and traded as low as C$0.64. Azimut Exploration shares last traded at C$0.66, with a volume of 13,245 shares changing hands.

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 business has a 50 day moving average price of C$0.69 and a two-hundred day moving average price of C$0.76. The company has a market cap of C$66.51 million, a P/E ratio of 7.33 and a beta of 1.18.

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.

Further Reading

Receive News & Ratings for Azimut Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Azimut Exploration and related companies with MarketBeat.com's FREE daily email newsletter.