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Azimut Exploration (CVE:AZM) Shares Pass Below 50 Day Moving Average - Time to 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 Friday . The stock has a fifty day moving average of C$0.64 and traded as low as C$0.58. Azimut Exploration shares last traded at C$0.60, with a volume of 30,700 shares traded.

Azimut Exploration Stock Performance

The firm has a market capitalization of C$51.36 million, a P/E ratio of 30.00 and a beta of 2.12. 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 firm has a 50-day moving average price of C$0.63 and a two-hundred day moving average price of C$0.56.

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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