Azure Minerals (ASX:AZS) Shares Down 12%

Azure Minerals Limited (ASX:AZS) fell 12% during mid-day trading on Wednesday . The stock traded as low as A$0.11 ($0.08) and last traded at A$0.11 ($0.08), 367,328 shares were traded during mid-day trading. An increase of 91% from the average session volume of 192,230 shares. The stock had previously closed at A$0.13 ($0.09).

The stock has a market cap of $15.24 million and a P/E ratio of -1.25. The company’s 50 day moving average price is A$0.14 and its 200-day moving average price is A$0.12.

About Azure Minerals (ASX:AZS)

Azure Minerals Limited engages in the exploration of precious and base minerals in Northern Mexico. The company primarily explores for lead, cobalt, gold, copper, silver, and zinc deposits. Its flagship project is the Oposura project located in Sonora State of Mexico. The company was incorporated in 2003 and is based in West Perth, Australia.

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