Shares of Azimut Exploration Inc. (CVE:AZM - Get Free Report) fell 9.2% during trading on Wednesday . The stock traded as low as C$0.59 and last traded at C$0.59. 376,151 shares changed hands during mid-day trading, an increase of 994% from the average session volume of 34,391 shares. The stock had previously closed at C$0.65.
Azimut Exploration Price Performance
The company has a market cap of C$50.56 million, a price-to-earnings ratio of 261.44 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. The company's 50 day moving average price is C$0.57 and its 200 day moving average price is C$0.59.
About Azimut Exploration
(
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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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