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

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

The company 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 quick ratio of 0.15 and a current ratio of 0.05. 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.

Azarga Metals Company Profile

(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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