Azimut Exploration (CVE:AZM) Insider Jonathan Rosset Purchases 20,000 Shares

Azimut Exploration Inc. (CVE:AZM) insider Jonathan Rosset acquired 20,000 shares of the business’s stock in a transaction on Thursday, July 23rd. The shares were bought at an average cost of C$0.57 per share, with a total value of C$11,400.00. Following the completion of the acquisition, the insider owned 840,000 shares of the company’s stock, valued at approximately C$478,800. This trade represents a 2.44% increase in their position.

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

• On Monday, July 6th, Jonathan Rosset bought 20,000 shares of Azimut Exploration stock. The stock was purchased at an average cost of C$0.60 per share, for a total transaction of C$12,000.00.
• On Wednesday, June 24th, Jonathan Rosset bought 25,000 shares of Azimut Exploration stock. The shares were purchased at an average price of C$0.60 per share, with a total value of C$15,000.00.
• On Thursday, May 28th, Jonathan Rosset purchased 5,000 shares of Azimut Exploration stock. The shares were purchased at an average cost of C$0.70 per share, with a total value of C$3,500.00.
• On Thursday, May 28th, Jonathan Rosset purchased 10,000 shares of Azimut Exploration stock. The stock was purchased at an average price of C$0.71 per share, for a total transaction of C$7,100.00.
• On Wednesday, May 27th, Jonathan Rosset acquired 35,000 shares of Azimut Exploration stock. The shares were purchased at an average cost of C$0.70 per share, with a total value of C$24,500.00.

Azimut Exploration Price Performance

Shares of CVE:AZM traded down C$0.02 during trading on Thursday, reaching C$0.56. The stock had a trading volume of 115,114 shares, compared to its average volume of 77,491. Azimut Exploration Inc. has a 52 week low of C$0.52 and a 52 week high of C$1.10. The business’s 50-day moving average price is C$0.64 and its 200 day moving average price is C$0.73. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 5.50. The stock has a market capitalization of C$56.44 million, a PE ratio of 6.22 and a beta of 1.17.

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.