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

Azarga Metals Corp. (CVE:AZRGet Free Report) shares rose 75% during mid-day trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 126,000 shares traded hands during 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 Price Performance

The firm has a market capitalization of C$1.27 million, a price-to-earnings ratio of -3.50 and a beta of 0.51. The business has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.03. The company has a debt-to-equity ratio of 208.67, a current ratio of 0.05 and a quick ratio of 0.15.

About Azarga Metals

(Get Free Report)

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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