Azimut Exploration Inc. (CVE:AZM) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as C$0.50 and last traded at C$0.47, with a volume of 23500 shares traded. The stock had previously closed at C$0.48.
The firm has a market capitalization of $25.58 million and a P/E ratio of -116.25.
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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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