Azarga Metals (CVE:AZR) Stock Price Up 75% – Should You Buy?

Azarga Metals Corp. (CVE:AZRGet Free Report)’s share price was up 75% during mid-day trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 126,000 shares traded hands 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 stock has a market cap of C$1.27 million, a price-to-earnings ratio of -3.50 and a beta of 0.51. 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 company has a 50 day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03.

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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