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

Azarga Metals Corp. (CVE:AZRGet Free Report)’s stock price was up 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 mid-day 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 Trading Up 75.0 %

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 company has a market capitalization of C$1.27 million, a P/E ratio of -3.50 and a beta of 0.51. The company’s fifty 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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