Azimut Exploration Inc., a company operating within the materials sector, specifically in metals and mining, has recently made significant strategic moves. Based in western Quebec, Canada, the company is listed on the TSX Venture Exchange and trades over the counter under the ticker symbol OTC: AZMTF.
On December 24, 2025, Azimut Exploration Inc. announced the sale of its stake in the Galinée Property to Li‑FT Power Ltd. This transaction, which was disclosed via Benzinga, involved an exchange of shares between the two companies. This strategic divestiture marks a notable shift in Azimut’s portfolio, potentially allowing the company to reallocate resources and focus on other core areas of its operations.
Financially, Azimut Exploration Inc. has experienced fluctuations in its share price over the past year. As of February 3, 2026, the closing price of the company’s shares stood at CAD 0.94. The company’s 52-week high was recorded at CAD 1.10 on January 28, 2026, while its 52-week low was CAD 0.45, observed on April 10, 2025. These figures reflect the volatility in the company’s stock performance over the past year.
The company’s valuation metrics reveal some challenges. Azimut Exploration Inc. has a price-to-earnings (P/E) ratio of -50.26, indicating negative earnings. This suggests that the company has not been profitable in the recent period, which could be a concern for investors. However, the price-to-book (P/B) ratio stands at 1.60, indicating that the market values the company slightly above its book equity. This could imply investor confidence in the company’s future prospects despite current financial challenges.
With a market capitalization of CAD 96,700,000, Azimut Exploration Inc. remains a significant player in the metals and mining sector. The company’s recent strategic decisions and financial performance will be closely watched by stakeholders as it navigates the complexities of the materials sector.
