Azimut Exploration (CVE:AZM) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Azimut Exploration Inc. (CVE:AZMGet Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-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.

Azimut Exploration Stock Down 1.6 %

The firm’s fifty day simple moving average is C$0.63 and its 200-day simple moving average is C$0.56. The company has a market cap of C$51.36 million, a PE ratio of 30.00 and a beta of 2.12. The company has a quick ratio of 5.50, a current ratio of 3.73 and a debt-to-equity ratio of 0.13.

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.

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