Azimut Exploration (CVE:AZM) Insider Jonathan Rosset Buys 20,000 Shares

Azimut Exploration Inc. (CVE:AZM) insider Jonathan Rosset acquired 20,000 shares of Azimut Exploration stock in a transaction on Monday, July 6th. The shares were bought at an average price of C$0.60 per share, for a total transaction of C$12,000.00. Following the purchase, the insider owned 820,000 shares of the company’s stock, valued at C$492,000. This represents a 2.50% increase in their ownership of the stock.

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

• On Wednesday, June 24th, Jonathan Rosset bought 25,000 shares of Azimut Exploration stock. The stock was bought at an average price of C$0.60 per share, with a total value of C$15,000.00.
• On Thursday, May 28th, Jonathan Rosset bought 5,000 shares of Azimut Exploration stock. The shares were bought at an average price of C$0.70 per share, for a total transaction of C$3,500.00.
• On Thursday, May 28th, Jonathan Rosset bought 10,000 shares of Azimut Exploration stock. The shares were bought at an average price of C$0.71 per share, for a total transaction of C$7,100.00.
• On Wednesday, May 27th, Jonathan Rosset purchased 35,000 shares of Azimut Exploration stock. The shares were bought at an average cost of C$0.70 per share, for a total transaction of C$24,500.00.

Azimut Exploration Price Performance

CVE AZM remained flat at C$0.63 on Tuesday. The company’s stock had a trading volume of 59,637 shares, compared to its average volume of 82,507. The firm has a market capitalization of C$63.49 million, a price-to-earnings ratio of 7.00 and a beta of 1.17. Azimut Exploration Inc. has a 52-week low of C$0.52 and a 52-week high of C$1.10. The firm’s 50-day moving average is C$0.67 and its 200-day moving average is C$0.75. The company has a quick ratio of 5.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.68.

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.