Azimut Exploration (CVE:AZM) Reaches New 1-Year High - What's Next?

Key Points

• Azimut Exploration Inc. reached a new 52-week high of C$0.85, closing at C$0.78 with a trading volume of 97,172 shares.
• The company's market capitalization stands at C$79.44 million, with a significant debt-to-equity ratio of 0.07, indicating a low level of debt.
• Azimut is involved in the exploration of various minerals, including copper, gold, and rare earth elements, primarily in Canada.

Azimut Exploration Inc. (CVE:AZM - ) hit a new 52-week high on Friday . The stock traded as high as C$0.85 and last traded at C$0.78, with a volume of 97172 shares. The stock had previously closed at C$0.78.

Azimut Exploration Stock Performance

The company has a debt-to-equity ratio of 0.07, a current ratio of 3.17 and a quick ratio of 5.50. The firm has a market cap of C$79.44 million, a price-to-earnings ratio of -26.78 and a beta of 2.62. The firm has a fifty day simple moving average of C$0.66 and a two-hundred day simple moving average of C$0.60.

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.

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