Azimut Exploration (CVE:AZM) Stock Price Down 8.5% – Should You Sell?

Azimut Exploration Inc. (CVE:AZMGet Free Report)’s share price was down 8.5% on Monday . The stock traded as low as C$0.65 and last traded at C$0.65. Approximately 113,500 shares were traded during trading, an increase of 308% from the average daily volume of 27,797 shares. The stock had previously closed at C$0.71.

Azimut Exploration Trading Down 8.5 %

The company’s fifty day moving average price is C$0.63 and its two-hundred day moving average price is C$0.57. The company has a quick ratio of 5.50, a current ratio of 3.73 and a debt-to-equity ratio of 0.13. The company has a market cap of C$55.64 million, a price-to-earnings ratio of 32.50 and a beta of 2.12.

About Azimut Exploration

(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.

Read More

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.