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

Azimut Exploration logo with Basic Materials background

Azimut Exploration Inc. (CVE:AZM - Get Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-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 Stock Performance

The company has a current ratio of 3.17, a quick ratio of 5.50 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of C$51.42 million, a PE ratio of 265.87 and a beta of 2.12. The firm's 50-day simple moving average is C$0.60 and its two-hundred day simple moving average is C$0.58.

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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