Azarga Metals (CVE:AZR) Trading 38.5% Higher – Here’s Why

Azarga Metals Corp. (CVE:AZRGet Free Report) traded up 38.5% during mid-day trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.09. 173,000 shares were traded 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 Stock Up 11.1%

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 market capitalization of C$7.69 million, a P/E ratio of -7.00 and a beta of -2.90. The company has a 50 day moving average of C$0.07 and a 200-day moving average of 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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