Azarga Metals (CVE:AZR) Shares Up 75% – What’s Next?

Azarga Metals Corp. (CVE:AZR) shares rose 75% on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 126,000 shares were traded 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 business’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The firm has a market cap of C$1.27 million, a P/E ratio of -3.50 and a beta of 0.51. The company has a current ratio of 0.05, a quick ratio of 0.15 and a debt-to-equity ratio of 208.67.

Azarga Metals Company Profile

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.