Azarga Metals (CVE:AZR) Trading Up 75% – Still a Buy?

Azarga Metals Corp. (CVE:AZRGet Free Report) shares rose 75% during trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 126,000 shares changed hands during mid-day 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 company has a debt-to-equity ratio of 208.67, a quick ratio of 0.15 and a current ratio of 0.05. The stock’s 50-day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The stock has a market cap of C$1.27 million, a price-to-earnings 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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