Azarga Metals (CVE:AZR) Trading Up 75% – What’s Next?

Shares of Azarga Metals Corp. (CVE:AZR) shot up 75% on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. 126,000 shares were traded 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 Trading Up 75.0 %

The stock has a market capitalization of C$1.27 million, a price-to-earnings ratio of -3.50 and a beta of 0.51. The company has a current ratio of 0.05, a quick ratio of 0.15 and a debt-to-equity ratio of 208.67. The company has a fifty day moving average of C$0.03 and a two-hundred day moving average of C$0.03.

Azarga Metals Company Profile

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.