Azimut Exploration Inc. (CVE:AZM – Get Free Report) shares reached a new 52-week low on Tuesday. The company traded as low as C$0.47 and last traded at C$0.47, with a volume of 156,200 shares trading hands. The stock had previously closed at C$0.48.
Azimut Exploration Stock Performance
The company has a market cap of C$47.37 million, a P/E ratio of 5.22 and a beta of 1.09. The company has a current ratio of 2.72, a quick ratio of 5.50 and a debt-to-equity ratio of 0.68. The company’s 50-day moving average price is C$0.57 and its two-hundred day moving average price is C$0.68.
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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