Azarga Metals (CVE:AZR) Trading Up 12.5% – What’s Next?

Azarga Metals Corp. (CVE:AZRGet Free Report) shot up 12.5% on Friday . The stock traded as high as C$0.18 and last traded at C$0.18. 173,057 shares changed hands during mid-day trading, an increase of 949% from the average daily volume of 16,495 shares. The stock had previously closed at C$0.16.

Azarga Metals Trading Up 21.9%

The company has a debt-to-equity ratio of 208.67, a current ratio of 0.05 and a quick ratio of 0.15. The stock has a market cap of C$17.74 million, a price-to-earnings ratio of -19.50 and a beta of -2.51. The company’s fifty day moving average price is C$0.13 and its 200-day moving average price is C$0.15.

Azarga Metals Company Profile

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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. in May 2016. Azarga Metals Corp. was incorporated in 1966 and is based in White Rock, Canada.

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