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

Azarga Metals Corp. (CVE:AZRGet Free Report) was up 75% during trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 126,000 shares changed hands during mid-day trading, an increase of 145% from the average daily volume of 51,407 shares. The stock had previously closed at C$0.02.

Azarga Metals Trading Up 75.0 %

The firm 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 quick ratio of 0.15, a current ratio of 0.05 and a debt-to-equity ratio of 208.67. The firm’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.03.

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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