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Azimut Exploration (CVE:AZM) Stock Price Crosses Above 200 Day Moving Average - Here's What Happened

Azimut Exploration logo with Basic Materials background

Azimut Exploration Inc. (CVE:AZM - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.58 and traded as high as C$0.63. Azimut Exploration shares last traded at C$0.61, with a volume of 29,155 shares traded.

Azimut Exploration Stock Performance

The company has a debt-to-equity ratio of 0.13, a current ratio of 3.73 and a quick ratio of 5.50. The business's fifty day moving average price is C$0.63 and its 200-day moving average price is C$0.58. The stock has a market capitalization of C$53.93 million, a PE ratio of 31.50 and a beta of 2.12.

Azimut Exploration Company Profile

(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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