Azimut Exploration (CVE:AZM) Stock Crosses Above 50-Day Moving Average – Here’s Why

Azimut Exploration Inc. (CVE:AZMGet Free Report)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.54 and traded as high as C$0.61. Azimut Exploration shares last traded at C$0.60, with a volume of 45,500 shares trading hands.

Azimut Exploration Stock Up 1.7%

The company has a market cap of C$51.42 million, a price-to-earnings ratio of 265.87 and a beta of 2.12. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.17 and a quick ratio of 5.50. The firm has a 50-day moving average price of C$0.54 and a 200 day moving average price of C$0.59.

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.

See Also

Receive News & Ratings for Azimut Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Azimut Exploration and related companies with MarketBeat.com's FREE daily email newsletter.