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

Azarga Metals Corp. (CVE:AZRGet Free Report)’s stock price rose 75% during mid-day trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 126,000 shares changed 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 current ratio of 0.05, a quick ratio of 0.15 and a debt-to-equity ratio of 208.67. 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 stock’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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