Jonathan Rosset Purchases 25,000 Shares of Azimut Exploration (CVE:AZM) Stock

Azimut Exploration Inc. (CVE:AZM) insider Jonathan Rosset bought 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The shares were acquired at an average price of C$0.60 per share, with a total value of C$15,000.00. Following the purchase, the insider owned 800,000 shares in the company, valued at C$480,000. This trade represents a 3.23% increase in their ownership of the stock.

Jonathan Rosset also recently made the following trade(s):

• On Thursday, May 28th, Jonathan Rosset purchased 5,000 shares of Azimut Exploration stock. The shares were acquired at an average price of C$0.70 per share, with a total value of C$3,500.00.
• On Thursday, May 28th, Jonathan Rosset acquired 10,000 shares of Azimut Exploration stock. The stock was acquired at an average cost of C$0.71 per share, with a total value of C$7,100.00.
• On Wednesday, May 27th, Jonathan Rosset acquired 35,000 shares of Azimut Exploration stock. The stock was acquired at an average cost of C$0.70 per share, with a total value of C$24,500.00.

Azimut Exploration Trading Up 5.2%

Shares of Azimut Exploration stock opened at C$0.61 on Friday. The company’s fifty day simple moving average is C$0.68 and its 200-day simple moving average is C$0.76. The company has a market cap of C$61.48 million, a price-to-earnings ratio of 6.78 and a beta of 1.18. The company has a current ratio of 2.72, a quick ratio of 5.50 and a debt-to-equity ratio of 0.68. Azimut Exploration Inc. has a 1 year low of C$0.52 and a 1 year high of C$1.10.

About Azimut Exploration

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. Its 100% owned flagship project is the Elmer gold project located in the James Bay region. The company was incorporated in 1986 and is based in Longueuil, Canada.