Azarga Metals (CVE:AZR) Shares Up 75% – Should You Buy?

Shares of Azarga Metals Corp. (CVE:AZRGet Free Report) traded up 75% on Tuesday . 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 Price Performance

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