Azarga Metals (CVE:AZR) Shares Up 12.5% – What’s Next?

Azarga Metals Corp. (CVE:AZR) was up 12.5% on Friday . The stock traded as high as C$0.18 and last traded at C$0.18. 173,057 shares traded hands 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 Stock Up 25.0%

The company has a market cap of C$18.19 million, a price-to-earnings ratio of -20.00 and a beta of -2.51. The business has a 50-day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.15. 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

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.