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Azimut Exploration (CVE:AZM) Share Price Crosses Below Fifty Day Moving Average - What's Next?

Azimut Exploration logo with Basic Materials background

Azimut Exploration Inc. (CVE:AZM - Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.60 and traded as low as C$0.58. Azimut Exploration shares last traded at C$0.59, with a volume of 8,236 shares changing hands.

Azimut Exploration Price Performance

The company's fifty day moving average is C$0.60 and its two-hundred day moving average 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 quick ratio of 5.50, a current ratio of 3.17 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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