Azimut Exploration (CVE:AZM) Shares Pass Above 50 Day Moving Average – What’s Next?

Posted by Renee Jackson on Feb 6th, 2026

Azimut Exploration Inc. (CVE:AZM – Get Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.84 and traded as high as C$0.92. Azimut Exploration shares last traded at C$0.87, with a volume of 61,041 shares trading hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft lowered shares of Azimut Exploration from a “buy” rating to a “hold” rating in a research report on Monday, November 17th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Azimut Exploration presently has a consensus rating of “Hold”.

Get Our Latest Report on Azimut Exploration

Azimut Exploration Price Performance

The company has a 50 day moving average of C$0.84 and a 200 day moving average of C$0.76. The stock has a market capitalization of C$87.63 million, a price-to-earnings ratio of -41.43 and a beta of 1.87. The company has a debt-to-equity ratio of 0.07, a quick ratio of 5.50 and a current ratio of 3.17.

Insider Buying and Selling

In related news, insider Jonathan Rosset purchased 35,000 shares of the stock in a transaction that occurred on Wednesday, December 31st. The stock was purchased at an average cost of C$0.76 per share, for a total transaction of C$26,600.00. Following the acquisition, the insider owned 655,000 shares in the company, valued at approximately C$497,800. This trade represents a 5.65% increase in their ownership of the stock. 16.63% of the stock is owned by corporate insiders.

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.