Could Azimut Exploration Inc. See a Reversal After This Very Weak Session?

 Could Azimut Exploration Inc. See a Reversal After This Very Weak Session?

The stock of Azimut Exploration Inc. (CVE:AZM) is a huge mover today! About 52,500 shares traded hands or 89.20% up from the average. Azimut Exploration Inc. (CVE:AZM) has risen 6.00% since October 18, 2016 and is uptrending. It has outperformed by 1.38% the S&P500.
The move comes after 7 months negative chart setup for the $13.72M company. It was reported on Nov, 17 by Barchart.com. We have $0.29 PT which if reached, will make CVE:AZM worth $1.37 million less.

More news for Azimut Exploration Inc. (CVE:AZM) were recently published by: Juniorminingnetwork.com, which released: “Azimut and SOQUEM Acquire Four Gold Properties Through Strategic Alliance in …” on October 03, 2016. Juniorminingnetwork.com‘s article titled: “Eastmain Resources and Partners Commence Drilling Program at Eleonore South” and published on September 21, 2016 is yet another important article.

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 $13.72 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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