Azarga Metals (CVE:AZR) Hits New 12-Month High – Here’s Why

Azarga Metals Corp. (CVE:AZRGet Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.18 and last traded at C$0.18, with a volume of 1000 shares traded. The stock had previously closed at C$0.16.

Azarga Metals Trading Up 12.9%

The firm has a market cap of C$13.46 million, a price-to-earnings ratio of -7.00 and a beta of -2.74. The company has a 50 day moving average of C$0.14 and a 200 day moving average of C$0.11. 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

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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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