Azarga Metals (CVE:AZR) Sets New 52-Week High – Should You Buy?

Azarga Metals Corp. (CVE:AZRGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04, with a volume of 3000 shares changing hands. The stock had previously closed at C$0.03.

Azarga Metals Stock Performance

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 business’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The firm has a market capitalization of C$1.27 million, a PE 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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