Key Points
- Insider Jonathan Rosset purchased 30,000 Azimut Exploration shares at an average price of C$0.51, investing C$15,300 and increasing his holdings by 3.23% to 960,000 shares.
- Rosset has made several additional purchases since July, buying a combined 50,000 shares in three transactions for approximately C$28,700.
- Azimut shares opened at C$0.49, near their 52-week low of C$0.48 and below their 50-day and 200-day moving averages of C$0.60 and C$0.63, respectively.
Azimut Exploration Inc. (CVE:AZM - Get Free Report) insider Jonathan Rosset bought 30,000 shares of Azimut Exploration stock in a transaction on Wednesday, October 14th. The stock was acquired at an average cost of C$0.51 per share, with a total value of C$15,300.00. Following the acquisition, the insider owned 960,000 shares of the company's stock, valued at C$489,600. This trade represents a 3.23% increase in their position.
Jonathan Rosset also recently made the following trade(s):
- On Thursday, July 30th, Jonathan Rosset bought 20,000 shares of Azimut Exploration stock. The shares were bought at an average price of C$0.58 per share, for a total transaction of C$11,600.00.
- On Monday, July 27th, Jonathan Rosset bought 10,000 shares of Azimut Exploration stock. The shares were bought at an average price of C$0.57 per share, for a total transaction of C$5,700.00.
- On Thursday, July 23rd, Jonathan Rosset purchased 20,000 shares of Azimut Exploration stock. The shares were bought at an average cost of C$0.57 per share, for a total transaction of C$11,400.00.
Azimut Exploration Stock Performance
CVE:AZM opened at C$0.49 on Thursday. The firm's fifty day simple moving average is C$0.60 and its 200-day simple moving average is C$0.63. The company has a quick ratio of 5.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.68. The stock has a market cap of C$49.38 million, a PE ratio of 5.44 and a beta of 1.09. Azimut Exploration Inc. has a fifty-two week low of C$0.48 and a fifty-two week high of C$1.10.
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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