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Azimut Exploration AZM.V · CAD

Materials · TSX Venture · 🇨🇦 Canada

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0.45

+7.14%

Close of 9 Nov 2026, in CAD

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About Azimut Exploration

Its shares trade on TSX Venture under the ticker AZM.V. It has been listed since 5 April 1988. In the fiscal year to 31 August 2025, it reported revenue of C$363,202 and a net loss of C$2.5m. At that date it held total assets of C$65.9m and shareholders' equity of C$56.5m.

Azimut Exploration, Inc. operates as an exploration company. The company is headquartered in Longueuil, Quebec. The firm holds the mineral exploration portfolio in Quebec. The Company’s projects include Elmer, JB Lithium, JB Nickel and Wabamisk. Its wholly owned flagship Elmer Gold Project is advancing to the initial resource stage in the James Bay region. The Elmer property is located in the central region of the La Grande Subprovince. The property is located five kilometers (km) west of the Billy-Diamond Highway and 60 km from Eastmain, a Cree community on the east coast of James Bay. The Wabamisk property is a 40 km by 10 km gold project located about 70 km south of the Eleonore gold mine (Newmont Corporation) and has a comparable geological context and geochemical signature. Its other key projects include Chromaska, Corne, Doran, Mercator and Pilipas. The Corne property is located within the metasedimentary Opinaca Subprovince (Superior Province), close to the boundary with the Opatica Subprovince.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
5 Apr 1988

Leadership

Pay as last reported

  • Mr. Glenn MullanIndependent Chairman of the BoardC$30,000
  • Dr. Jean-Marc LulinPresident, Chief Executive Officer, Director, since 2003C$390,000
  • Mrs. Moniroth LimChief Financial Officer, Corporate SecretaryC$201,667
  • Mr. Rock LefrancoisVice President - ExplorationC$220,000
  • Mr. Jonathan RossetVice President - Corporate DevelopmentC$220,833
  • Ms. Christiane BergevinIndependent DirectorC$20,000
  • Mr. Michel BrunetIndependent DirectorC$20,000
  • Mrs. Vanessa LaplanteIndependent DirectorC$10,385
  • Mr. Jean-Charles PotvinIndependent DirectorC$25,000
  • Dr. Jacques SimoneauIndependent DirectorC$25,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • The Elmer Gold Project advances to the initial resource stage in the James Bay region.
  • The Wabamisk property is located about 70 km south of the Eleonore gold mine.
  • The firm holds the mineral exploration portfolio in Quebec, Canada.

Weaknesses

  • The company is headquartered in Longueuil, Quebec, which may limit local operational flexibility.
  • The Corne property is located within the metasedimentary Opinaca Subprovince, posing geological complexity.
  • The listing date of 5 April 1988 indicates a long history without recent major milestones.

Opportunities

  • The Wabamisk property has a comparable geological context and geochemical signature to the Eleonore gold mine.
  • The JB Lithium and JB Nickel projects offer potential diversification within the Metals & Mining sector.
  • The Chromaska, Corne, Doran, Mercator and Pilipas projects provide additional exploration targets in Quebec.

Threats

  • The Elmer property is located five kilometers west of the Billy-Diamond Highway, potentially increasing logistics costs.
  • The Wabamisk property is 60 km from Eastmain, a Cree community, requiring careful community engagement.
  • The Corne property is close to the boundary with the Opatica Subprovince, creating geological uncertainty.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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