Key Points
- Insider Jonathan Rosset bought 35,000 shares on Dec. 31 at C$0.76 (C$26,600), raising his stake to 655,000 shares (a 5.65% increase); he also bought 26,500 shares on Oct. 29 at C$0.80, showing continued insider accumulation.
- Azimut opened at C$0.75 (12‑month range C$0.45–C$0.92) with a market cap of C$75.47M and a negative P/E, and has been downgraded by Deutsche Bank from "buy" to "hold", leaving a consensus Hold rating.
Azimut Exploration Inc. (CVE:AZM - Get Free Report) insider Jonathan Rosset purchased 35,000 shares of the firm's stock in a transaction dated Wednesday, December 31st. The shares were bought at an average price of C$0.76 per share, with a total value of C$26,600.00. Following the purchase, the insider owned 655,000 shares in the company, valued at C$497,800. The trade was a 5.65% increase in their ownership of the stock.
Jonathan Rosset also recently made the following trade(s):
- On Wednesday, October 29th, Jonathan Rosset bought 26,500 shares of Azimut Exploration stock. The shares were acquired at an average cost of C$0.80 per share, for a total transaction of C$21,200.00.
Azimut Exploration Price Performance
AZM stock opened at C$0.75 on Thursday. Azimut Exploration Inc. has a 12 month low of C$0.45 and a 12 month high of C$0.92. The company has a current ratio of 3.17, a quick ratio of 5.50 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of C$75.47 million, a P/E ratio of -26.79 and a beta of 2.52. The firm has a 50 day moving average of C$0.76 and a 200-day moving average of C$0.71.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft downgraded Azimut Exploration from a "buy" rating to a "hold" rating in a research report on Monday, November 17th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Azimut Exploration currently has a consensus rating of "Hold".
View Our Latest Analysis on Azimut Exploration
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. Its 100% owned flagship project is the Elmer gold project located in the James Bay region. The company was incorporated in 1986 and is based in Longueuil, Canada.
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