Azarga Metals (CVE:AZR) Stock Price Up 12.5% – Here’s Why

Azarga Metals Corp. (CVE:AZRGet Free Report) rose 12.5% during trading on Friday . The stock traded as high as C$0.18 and last traded at C$0.18. 173,057 shares were traded during trading, an increase of 949% from the average daily volume of 16,495 shares. The stock had previously closed at C$0.16.

Azarga Metals Trading Up 21.9%

The company’s 50 day simple moving average is C$0.13 and its 200-day simple moving average is C$0.15. The firm has a market cap of C$17.74 million, a P/E ratio of -19.50 and a beta of -2.51. The company has a quick ratio of 0.15, a current ratio of 0.05 and a debt-to-equity ratio of 208.67.

Azarga Metals Company Profile

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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. in May 2016. Azarga Metals Corp. was incorporated in 1966 and is based in White Rock, Canada.

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