Azimut Exploration (CVE:AZM) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

Azimut Exploration Inc. (CVE:AZMGet Free Report)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.64 and traded as low as C$0.60. Azimut Exploration shares last traded at C$0.62, with a volume of 4,565 shares trading hands.

Azimut Exploration Stock Performance

The company has a quick ratio of 5.50, a current ratio of 3.73 and a debt-to-equity ratio of 0.13. The company has a fifty day moving average price of C$0.64 and a 200 day moving average price of C$0.56. The stock has a market cap of C$53.07 million, a PE ratio of 31.00 and a beta of 2.12.

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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