The stock of Azimut Exploration Inc. (CVE:AZM) is a huge mover today! The stock decreased 3.45% or $0.02 on September 13, hitting $0.56. About 71,000 shares traded hands. Azimut Exploration Inc. (CVE:AZM) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 5 months negative chart setup for the $27.83M company. It was reported on Sep, 13 by Barchart.com. We have $0.50 PT which if reached, will make CVE:AZM worth $3.06 million less.
Azimut Exploration Inc is a Canada-based exploration-stage firm that specializes in mineral potential assessment and targeting to discover ore deposits. The company has a market cap of $27.83 million. The Firm is engaged in the business of acquiring and exploring mining properties. It currently has negative earnings. The Firm has exploration properties located in the Province of Quebec.
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