Azimut Exploration (CVE:AZM) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Azimut Exploration Inc. (CVE:AZMGet Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.64 and traded as low as C$0.58. Azimut Exploration shares last traded at C$0.60, with a volume of 30,700 shares traded.

Azimut Exploration Trading Down 1.6 %

The company has a debt-to-equity ratio of 0.13, a quick ratio of 5.50 and a current ratio of 3.73. The firm has a market cap of C$51.36 million, a PE ratio of 30.00 and a beta of 2.12. The stock has a 50-day simple moving average of C$0.64 and a two-hundred day simple moving average of C$0.56.

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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