Azarga Metals (CVE:AZR) Reaches New 12-Month High – Time to Buy?

Azarga Metals Corp. (CVE:AZR)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.18 and last traded at C$0.16, with a volume of 2000 shares traded. The stock had previously closed at C$0.18.

Azarga Metals Stock Down 8.6%

The business has a fifty day moving average price of C$0.14 and a two-hundred day moving average price of C$0.11. The company has a debt-to-equity ratio of 208.67, a current ratio of 0.05 and a quick ratio of 0.15. The firm has a market capitalization of C$12.30 million, a price-to-earnings ratio of -7.00 and a beta of -2.74.

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.