Azarga Metals (CVE:AZR) Shares Up 75% – Here’s What Happened

Azarga Metals Corp. (CVE:AZRGet Free Report) was up 75% on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 126,000 shares were traded during mid-day trading, an increase of 145% from the average daily volume of 51,407 shares. The stock had previously closed at C$0.02.

Azarga Metals Stock Performance

The company has a quick ratio of 0.15, a current ratio of 0.05 and a debt-to-equity ratio of 208.67. The firm has a market cap of C$1.27 million, a PE ratio of -3.50 and a beta of 0.51. The firm has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03.

Azarga Metals Company Profile

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Azarga Metals Corp. engages in the exploration and development of mineral resource projects. It holds interest in the Marg copper project located in the Keno Hill Silver District, Yukon Territory, Canada. The company was formerly known as European Uranium Resources Ltd. and changed its name to Azarga Metals Corp.

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