Azarga Metals (CVE:AZR) Trading 75% Higher – Here’s Why

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

Azarga Metals Stock Performance

The stock’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.03. 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 stock has a market cap of C$1.27 million, a price-to-earnings ratio of -3.50 and a beta of 0.51.

About Azarga Metals

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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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