Azimut Exploration (CVE:AZM) Share Price Passes Below Fifty Day Moving Average – Here’s Why

Shares of Azimut Exploration Inc. (CVE:AZMGet Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.62 and traded as low as C$0.57. Azimut Exploration shares last traded at C$0.57, with a volume of 1,501 shares trading hands.

Azimut Exploration Price Performance

The company has a quick ratio of 5.50, a current ratio of 3.17 and a debt-to-equity ratio of 0.07. The company’s 50 day moving average is C$0.62 and its 200 day moving average is C$0.59. The firm has a market capitalization of C$50.56 million, a price-to-earnings ratio of 261.44 and a beta of 2.12.

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.

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