Azarga Metals (CVE:AZR) Shares Up 38.5% – Here’s What Happened

Azarga Metals Corp. (CVE:AZRGet Free Report)’s share price shot up 38.5% on Friday . The stock traded as high as C$0.11 and last traded at C$0.09. 173,000 shares traded hands during mid-day trading, an increase of 1,506% from the average session volume of 10,774 shares. The stock had previously closed at C$0.07.

Azarga Metals Price Performance

The firm has a market capitalization of C$7.69 million, a PE ratio of -7.00 and a beta of -2.90. 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 company has a 50-day moving average price of C$0.07 and a 200-day moving average price of C$0.06.

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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