Azarga Metals (CVE:AZR) Stock Price Up 75% – Here’s Why

Shares of Azarga Metals Corp. (CVE:AZRGet Free Report) rose 75% on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. 126,000 shares traded hands during 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 Stock Performance

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 firm has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.03. The firm has a market capitalization of C$1.27 million, a P/E ratio of -3.50 and a beta of 0.51.

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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