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Azimut Exploration (CVE:AZM) Shares Cross Below Fifty Day Moving Average - Should You Sell?

Azimut Exploration logo with Basic Materials background

Shares of Azimut Exploration Inc. (CVE:AZM - Get Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.60 and traded as low as C$0.60. Azimut Exploration shares last traded at C$0.60, with a volume of 24,100 shares.

Azimut Exploration Price Performance

The business's fifty day moving average price is C$0.60 and its 200 day moving average price is C$0.58. The firm has a market capitalization of C$51.42 million, a price-to-earnings ratio of 265.87 and a beta of 2.12. The company has a current ratio of 3.17, a quick ratio of 5.50 and a debt-to-equity ratio of 0.07.

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.

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Should You Invest $1,000 in Azimut Exploration Right Now?

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