Azimut Exploration (CVE:AZM) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Azimut Exploration Inc. (CVE:AZMGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.53 and traded as high as C$0.66. Azimut Exploration shares last traded at C$0.66, with a volume of 16,500 shares changing hands.

Azimut Exploration Stock Performance

The company has a current ratio of 3.73, a quick ratio of 5.50 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average of C$0.53 and a 200-day moving average of C$0.55. The stock has a market capitalization of C$56.50 million, a price-to-earnings ratio of 33.00 and a beta of 2.12.

About Azimut Exploration

(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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