Azimut Exploration (OTCMKTS:AZMTF) Shares Up 0.7% – Still a Buy?

Shares of Azimut Exploration Inc. (OTCMKTS:AZMTFGet Free Report) shot up 0.7% during trading on Tuesday . The company traded as high as $0.5779 and last traded at $0.5779. 55,601 shares were traded during mid-day trading, an increase of 242% from the average session volume of 16,244 shares. The stock had previously closed at $0.5737.

Azimut Exploration Trading Up 0.7%

The company has a fifty day moving average price of $0.55 and a two-hundred day moving average price of $0.51.

About Azimut Exploration

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Azimut Exploration Inc (OTCMKTS: AZMTF) is a Canadian mineral exploration company focused on the identification and delineation of large‐scale gold and base metal deposits in Quebec. The company’s primary business activities include the acquisition, exploration and development of mineral properties, with an emphasis on underexplored greenstone belts in the Abitibi region and the James Bay territory.

Azimut’s exploration model combines detailed geological mapping, multi‐disciplinary geophysical surveys and systematic geochemical sampling to generate high‐potential targets.

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