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

Azarga Metals Corp. (CVE:AZRGet Free Report) shares were up 75% during mid-day trading on Tuesday . 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 Price Performance

The business has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.03. 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 firm has a market cap of C$1.27 million, a PE 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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