Azimut Exploration (CVE:AZM) Insider Jonathan Rosset Purchases 40,000 Shares of Company Stock

Azimut Exploration Inc. (CVE:AZM) insider Jonathan Rosset bought 40,000 shares of Azimut Exploration stock in a transaction that occurred on Wednesday, November 4th. The stock was purchased at an average price of C$0.45 per share, for a total transaction of C$18,000.00. Following the acquisition, the insider directly owned 1,000,000 shares of the company’s stock, valued at C$450,000. The trade was a 4.17% increase in their position.

Jonathan Rosset also recently made the following trade(s):

• On Wednesday, October 14th, Jonathan Rosset purchased 30,000 shares of Azimut Exploration stock. The shares were purchased at an average cost of C$0.51 per share, with a total value of C$15,300.00.

Azimut Exploration Stock Performance

Shares of CVE:AZM opened at C$0.44 on Friday. The firm has a market capitalization of C$44.34 million, a PE ratio of 4.89 and a beta of 0.95. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 5.50. The business has a 50-day moving average of C$0.55 and a two-hundred day moving average of C$0.66. Azimut Exploration Inc. has a 12 month low of C$0.43 and a 12 month high of C$1.10.

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.