Azarga Metals (CVE:AZR) Trading 75% Higher – Still a Buy?

Azarga Metals Corp. (CVE:AZRGet Free Report)’s share price rose 75% on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 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 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 firm has a 50 day moving average price of C$0.03 and a 200-day moving average price of C$0.03. 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.

Further Reading

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