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

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 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 Stock Up 75.0 %

The firm’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.03. The firm has a market capitalization of C$1.27 million, a P/E ratio of -3.50 and a beta of 0.51. The company has a debt-to-equity ratio of 208.67, a quick ratio of 0.15 and a current ratio of 0.05.

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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