Azimut Exploration (AZM) AI Stock Analysis

• Market Cap: C$46.29M
• Dividend Yield: N/A
• Average Volume (3M): 26.15K
• Price to Earnings (P/E): 234.8
• Beta (1Y): 0.76
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 73
• Industry: Mining
• EPS (TTM): <0.01
• Shares Outstanding: 85,723,640
• 10 Day Avg. Volume: 37,938
• 30 Day Avg. Volume: 26,147
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 111.49
• Price to Cash Flow (P/CF): 19.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Azimut Exploration's overall score reflects mixed financial performance with a strong balance sheet but weak income and cash flow results. Technical analysis indicates a neutral to bearish trend. The high P/E ratio suggests overvaluation, limiting its appeal. However, positive corporate events, including strategic mineral discoveries and stable governance, provide some optimism for future growth.

Azimut Exploration Business Overview & Revenue Model

Company Description

Azimut Exploration (AZM) is a Canadian mineral exploration company that focuses on the discovery of significant mineral deposits in Quebec, Canada. The company utilizes advanced data analytics to identify potential mining sites, primarily targeting gold, copper, and other base metals. Azimut Exploration operates through strategic partnerships and joint ventures to leverage its exploration expertise and technological capabilities.

How the Company Makes Money

Azimut Exploration generates revenue primarily through the acquisition and exploration of mineral properties. The company forms joint ventures and strategic partnerships with other mining and exploration companies to advance its projects, sharing costs and potential revenues. Azimut's revenue streams include option agreements and exploration funding from partners, as well as potential royalties and interests from successful mineral discoveries. The company's innovative use of data analytics and strategic collaborations are key factors contributing to its earnings.

Azimut Exploration Financial Statement Overview

Summary

Azimut Exploration exhibits strengths in its debt management and equity position, providing a stable financial base. However, the company faces significant challenges in profitability and cash flow management, which could impact its long-term financial health and operational capabilities.

Income Statement

Azimut Exploration shows fluctuating revenue with recent growth but remains inconsistent overall. The company has struggled to maintain profitability, with net profit margins improving but still low. EBIT and EBITDA margins are negative, indicating challenges in cost management and operational efficiency.

Balance Sheet

The balance sheet reflects a strong equity base, with a low debt-to-equity ratio indicating minimal leverage risk. The equity ratio is high, showcasing financial stability. However, the return on equity has been erratic, suggesting inconsistent profitability despite the strong equity position.

Cash Flow

Cash flow metrics reveal significant volatility. The operating cash flow to net income ratio is negative, indicating cash flow management challenges. Free cash flow has consistently been negative, highlighting potential liquidity issues and pressure on cash reserves.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
443.58K	139.56K	107.44K	314.59K	180.03K
	Gross Profit
307.77K	60.05K	45.45K	254.23K	119.72K
	EBIT
0.00	-1.53M	-1.63M	-1.22M	-1.93M
	EBITDA
-886.12K	-1.74M	-1.57M	-1.49M	-1.87M
	Net Income Common Stockholders
42.59K	-1.83M	1.62M	-550.76K	-303.17K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
11.77M	3.32M	15.94M	27.64M	5.83M
	Total Assets
57.66M	46.67M	54.21M	51.86M	18.31M
	Total Debt
50.67K	105.16K	73.44K	118.66K	364.72K
	Net Debt
-11.72M	-3.22M	-13.96M	-27.52M	-5.46M
	Total Liabilities
7.90M	3.14M	7.03M	7.53M	3.78M
	Stockholders Equity
49.76M	43.53M	47.18M	44.33M	14.53M
Cash Flow		Free Cash Flow
-11.48M	-17.58M	-15.02M	-13.38M	-8.91M
	Operating Cash Flow
-512.30K	-735.88K	1.77M	-846.53K	-837.72K
	Investing Cash Flow
1.08M	-10.14M	-15.53M	-9.97M	-5.98M
	Financing Cash Flow
7.88M	158.74K	158.20K	32.63M	9.67M

Azimut Exploration Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AZM, the sentiment is Negative. The current price of 0.55 is below the 20-day moving average (MA) of 0.56, below the 50-day MA of 0.60, and below the 200-day MA of 0.57, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 43.01 is Neutral, neither overbought nor oversold. The STOCH value of 59.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:AZM.

Azimut Exploration Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	75 Outperform	C$2.43B	23.27	20.56%	―	64.92%	185.22%
Sector *	57 Neutral	$8.36B	5.49	-6.03%	7.47%	0.03%	-68.64%
AZM	48 Neutral	C$46.29M	234.78	0.39%	―	―	―
VZZ	44 Neutral	C$5.09M	―	-33.00%	―	22.12%	-466.04%
GMA	44 Neutral	C$12.91M	―	-58.91%	―	-83.85%	-24.32%
BTR	31 Underperform	C$36.72M	―	-91.29%	―	―	7.15%
FPC	25 Underperform	C$51.70M	―	-7.12%	―	―	-9.60%

Azimut Exploration Corporate Events

Azimut Exploration Inc. Reports Successful Annual General Meeting Outcomes

Azimut Exploration Inc. announced the successful results of its Annual General Meeting, where shareholders approved all resolutions. With 52.72% of shares represented, the company re-elected its board of directors and reappointed key officers. Additionally, the company granted 10,000 stock options to a director appointed as the new chair of the audit committee. This meeting underscores Azimut’s stable governance and strategic focus, reinforcing its market position in mineral exploration and development in Quebec.

Azimut Exploration Reports High-Grade Nickel-PGE Discoveries in Quebec

Azimut Exploration Inc. announced high-grade nickel and PGE mineralization results from its maiden 2,000-meter diamond drilling program on the Kukamas Property in Quebec. The successful drilling results confirm the Perseus Zone as a significant nickel and PGE discovery, with mineralization similar to the Kambalda-type deposits in Western Australia. These findings highlight the potential of the Kukamas Property, prompting the development of a work plan for 2025 to advance the Perseus discovery and explore other targets.

Azimut Exploration Uncovers Significant Antimony Zone at Wabamisk Property

Azimut Exploration Inc. has announced promising initial drill results from its Wabamisk Property in Quebec, revealing a significant antimony zone with gold presence. The discovery positions the company advantageously amid a global antimony supply shortage and suggests strong exploration potential, with only a small portion of the target explored. The Wabamisk Property also shows promising lithium potential, enhancing Azimut’s strategic importance in the resource sector.

Azimut Exploration Announces Stock Options Grant

Azimut Exploration Inc. has granted 845,000 stock options to its team, including directors, officers, employees, and consultants, with an exercise price of $0.61 per share. The company, known for its significant mineral exploration activities, holds a strong position in Quebec’s copper-gold, nickel, and lithium sectors. With a pioneering approach to data analytics, Azimut continues to advance its flagship Elmer Gold Project and other promising ventures.