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Azimut Exploration (CVE:AZM) Stock Price Crosses Below Fifty Day Moving Average - Here's Why

Azimut Exploration logo with Basic Materials background

Azimut Exploration Inc. (CVE:AZM - Get Free Report)'s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.63 and traded as low as C$0.63. Azimut Exploration shares last traded at C$0.63, with a volume of 13,000 shares changing hands.

Azimut Exploration Price Performance

The stock has a market capitalization of C$52.22 million, a P/E ratio of 30.50 and a beta of 2.12. The company has a current ratio of 3.73, a quick ratio of 5.50 and a debt-to-equity ratio of 0.13. The company has a fifty day simple moving average of C$0.63 and a two-hundred day simple moving average of 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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