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The latest update is out from Azimut Exploration ( (TSE:AZM) ).
Azimut Exploration has granted 1,115,000 stock options as part of its year-end compensation review, with the bulk of the options (1,020,000) going to directors and officers and the remainder to employees and consultants. The options are exercisable at $0.79 per share over a 10-year period, aligning management, staff and external partners with the company’s long-term exploration strategy across its key gold, copper, nickel and lithium projects in Quebec and reinforcing incentive structures as it advances multiple drilling and evaluation programs.
The most recent analyst rating on (TSE:AZM) stock is a Hold with a C$0.80 price target. To see the full list of analyst forecasts on Azimut Exploration stock, see the TSE:AZM Stock Forecast page.
Spark’s Take on TSE:AZM Stock
According to Spark, TipRanks’ AI Analyst, TSE:AZM is a Neutral.
The score is held back primarily by weak financial performance—persistent operating losses and ongoing negative free cash flow—partly offset by a conservative, low-debt balance sheet. Technicals add support with a generally positive trend and neutral momentum, while valuation remains challenged due to losses and no stated dividend.
To see Spark’s full report on TSE:AZM stock, click here.
More about Azimut Exploration
Azimut Exploration Inc. is a Quebec-based mineral exploration company specializing in target generation and partnership-driven development across a large portfolio of gold, copper, nickel and lithium properties in Quebec. The company leverages its proprietary AZtechMine big data analytics system and regional-scale data analysis to identify high-potential projects such as Wabamisk, Elmer, Wabamisk East and Kukamas, and counts Agnico Eagle Mines and Centerra Gold as significant strategic shareholders.
Average Trading Volume: 73,937
Technical Sentiment Signal: Buy
Current Market Cap: C$81.51M
For detailed information about AZM stock, go to TipRanks’ Stock Analysis page.