Azimut Exploration (AZM) AI Stock Analysis

• Market Cap: C$42.49M
• Dividend Yield: N/A
• Average Volume (3M): 31.29K
• Price to Earnings (P/E): 213.0
• Beta (1Y): 0.68
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 45
• Industry: Industrial Materials
• EPS (TTM): <0.01
• Shares Outstanding: 85,833,640
• 10 Day Avg. Volume: 24,277
• 30 Day Avg. Volume: 31,288
• 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 financial challenges and bearish technical trends. The company's strong balance sheet and positive corporate developments offer some promise, but high valuation and liquidity issues weigh on its attractiveness. The absence of recent earnings call insights limits strategic visibility.

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: 0.49
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• 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 0.49 is below the 20-day moving average (MA) of 0.52, below the 50-day MA of 0.56, and below the 200-day MA of 0.57, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 45.46 is Neutral, neither overbought nor oversold. The STOCH value of 23.81 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	81 Outperform	C$2.94B	19.63	26.82%	―	77.93%	236.93%
Sector *	57 Neutral	$7.44B	4.21	-3.75%	6.64%	-0.07%	-64.77%
GMA	55 Neutral	C$12.91M	―	-58.91%	―	-83.85%	-24.32%
AZM	46 Neutral	C$42.49M	213.04	0.39%	―	―	―
VZZ	44 Neutral	C$5.09M	―	-33.00%	―	22.12%	-466.04%
BTR	31 Underperform	C$35.88M	―	-91.29%	―	―	7.15%
FPC	30 Underperform	C$59.31M	―	-7.12%	―	―	-9.60%

Azimut Exploration Corporate Events

Azimut Exploration Advances Antimony-Gold Drilling at Wabamisk Property

Azimut Exploration Inc. has completed an expanded diamond drilling program on its Wabamisk Property, focusing on the antimony-gold Fortin Zone. The program, which concluded with 51 drill holes over 6,211 meters, revealed antimony sulphides in 33 holes, indicating a promising mineralized zone. This development comes amid rising antimony prices due to global supply shortages, positioning Azimut strategically in a market with increasing demand. The findings suggest potential for further exploration and development, with plans for an infill and expansion drilling program in the summer.

Spark’s Take on TSE:AZM Stock

According to Spark, TipRanks’ AI Analyst, TSE:AZM is a Neutral.

Azimut Exploration’s overall score reflects its challenging financial performance, particularly in profitability and cash flow, and bearish technical indicators. The valuation suggests the stock is potentially overvalued, lacking appeal due to the high P/E ratio and no dividend yield. However, positive corporate events provide a silver lining, showcasing potential for resource expansion and strategic advancements. The absence of earnings call data limits further insights into recent strategic directions.

To see Spark’s full report on TSE:AZM stock, click here.

Azimut Exploration Initiates Scoping Study Amid Promising Gold Prospects

Azimut Exploration Inc. has announced the initiation of a scoping study for the Patwon Gold Zone at its Elmer Project, driven by a favorable gold market. The study aims to evaluate potential mining scenarios, leveraging the project’s exploration upside highlighted by recent prospecting results. These results have revealed significant polymetallic mineralization, suggesting the potential for expanding the resource base. The company’s recent work program has identified new copper-gold prospects and confirmed high-grade mineralization across several zones, enhancing the project’s attractiveness and potential for stakeholders.

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.