Insider Buying: Azimut Exploration Inc. (CVE:AZM) Director Buys C$19,800.00 in Stock

Azimut Exploration Inc. (CVE:AZM) Director Jean-Charles Potvin purchased 11,000 shares of the firm’s stock in a transaction on Tuesday, July 28th. The shares were acquired at an average cost of C$1.80 per share, for a total transaction of C$19,800.00. Following the completion of the acquisition, the director now owns 859,658 shares of the company’s stock, valued at C$1,547,384.40.

The company has a debt-to-equity ratio of 1.24, a quick ratio of 2.39 and a current ratio of 2.39. Azimut Exploration Inc. has a one year low of C$0.31 and a one year high of C$3.27. The stock has a fifty day simple moving average of C$2.35 and a 200-day simple moving average of C$1.56. The company has a market capitalization of $176.08 million and a price-to-earnings ratio of -128.00.

Azimut Exploration Company Profile

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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