Azimut Exploration (CVE:AZM) Lowered to “Hold” Rating by Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft lowered shares of Azimut Exploration (CVE:AZM) from a buy rating to a hold rating in a research report sent to investors on Monday morning,BayStreet.CA reports.

Azimut Exploration Stock Performance

CVE AZM opened at C$0.67 on Monday. The firm’s 50 day simple moving average is C$0.77 and its 200 day simple moving average is C$0.67. The firm has a market capitalization of C$67.37 million, a price-to-earnings ratio of -22.71 and a beta of 2.60. The company has a current ratio of 3.17, a quick ratio of 5.50 and a debt-to-equity ratio of 0.07. Azimut Exploration has a 1 year low of C$0.45 and a 1 year high of C$0.92.

Azimut Exploration Company Profile

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.