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

Azarga Metals Corp. (CVE:AZR) shares shot up 75% on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. 126,000 shares were traded during mid-day trading, an increase of 145% from the average session volume of 51,407 shares. The stock had previously closed at C$0.02.

Azarga Metals Stock Performance

The stock has a market capitalization 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. The stock’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03.

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.