Azimut Exploration (CVE:AZM) Hits New 52-Week High at $0.50

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Azimut Exploration Inc. (CVE:AZM) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.50 and last traded at C$0.50, with a volume of 40200 shares. The stock had previously closed at C$0.46.

The company has a market capitalization of $26.11 million and a P/E ratio of -98.00. The company has a 50 day moving average of C$0.41 and a 200-day moving average of C$0.37.

Azimut Exploration Company Profile (CVE:AZM)

Azimut Exploration Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for copper, gold, zinc, silver, cobalt, tungsten, rare earth elements, uranium, chromium, nickel, and platinum group elements, as well as base metals. The company holds interests in the Kaanaayaa Property comprises 390 claims covering 200.5 square kilometers located in the James Bay region of Quebec.

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