Azimut Exploration (CVE:AZM) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

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$0.64 and traded as low as C$0.60. Azimut Exploration shares last traded at C$0.62, with a volume of 4,565 shares trading hands.

Azimut Exploration Trading Up 5.1 %

The company has a debt-to-equity ratio of 0.13, a current ratio of 3.73 and a quick ratio of 5.50. The firm’s 50 day moving average price is C$0.64 and its 200 day moving average price is C$0.56. The stock has a market capitalization of C$53.07 million, a P/E ratio of 31.00 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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