Azarga Uranium (OTCMKTS:AZZUF) Shares Up 5.7% – Still a Buy?

Shares of Azarga Uranium Corp. (OTCMKTS:AZZUF – Get Free Report) rose 5.7% during mid-day trading on Thursday. The company traded as high as $0.5677 and last traded at $0.54. 323,100 shares traded hands during trading, an increase of 54% from the average session volume of 210,367 shares. The stock had previously closed at $0.5108.

Azarga Uranium Price Performance

The company has a 50-day moving average price of $0.54 and a 200-day moving average price of $0.54.

Azarga Uranium Company Profile

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Azarga Uranium Corp. was a uranium development and exploration company focused on projects in the United States. Its activities centered on advancing uranium properties, evaluating resource potential, completing permitting and technical studies, and preparing projects for potential in-situ recovery (ISR) production.

The company’s principal asset was the Dewey Burdock project in South Dakota, an ISR uranium project that was subject to regulatory and permitting processes. Azarga also held uranium properties in Wyoming, including the Gas Hills and Shirley Basin projects, as well as additional exploration interests in the United States.

Further Reading

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