Azarga Metals (CVE:AZR) Sets New 1-Year High – Here’s Why

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

Azarga Metals Stock Performance

The stock has a market capitalization of C$13.46 million, a P/E ratio of -7.00 and a beta of -2.74. The company has a quick ratio of 0.15, a current ratio of 0.05 and a debt-to-equity ratio of 208.67. The company has a 50-day moving average price of C$0.14 and a two-hundred day moving average price of C$0.11.

About Azarga Metals

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.