Azimut Exploration (CVE:AZM) Shares Cross Below 50 Day Moving Average – Should You Sell?

Shares of Azimut Exploration Inc. (CVE:AZMGet Free Report) crossed 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 Up 5.1 %

The stock has a 50-day moving average price of C$0.64 and a 200-day moving average price of C$0.56. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.73 and a quick ratio of 5.50. The company has a market capitalization of C$53.07 million, a P/E 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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