Azarga Metals (CVE:AZR) Stock Price Up 31.6% – Here’s Why

Shares of Azarga Metals Corp. (CVE:AZRGet Free Report) shot up 31.6% during mid-day trading on Thursday . The company traded as high as C$0.14 and last traded at C$0.13. 183,146 shares were traded during mid-day trading, an increase of 1,177% from the average session volume of 14,345 shares. The stock had previously closed at C$0.10.

Azarga Metals Trading Up 15.8%

The firm has a fifty day moving average price of C$0.12 and a 200-day moving average price of C$0.09. The company has a market capitalization of C$8.46 million, a P/E ratio of -7.00 and a beta of -3.26. The company has a debt-to-equity ratio of 208.67, a current ratio of 0.05 and a quick ratio of 0.15.

Azarga Metals Company Profile

(Get Free Report)

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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