Azarga Metals (CVE:AZR) Shares Up 38.5% – What’s Next?

Azarga Metals Corp. (CVE:AZRGet Free Report) shot up 38.5% during trading 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 Trading Up 11.1%

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 stock has a market cap of C$7.69 million, a P/E ratio of -7.00 and a beta of -2.90. The firm’s 50-day simple moving average is C$0.07 and its 200 day simple moving average is C$0.06.

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.

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