Shares of Azarga Uranium Corp. (OTCMKTS:AZZUF – Get Free Report) were up 5.7% on Friday. The company traded as high as $0.5677 and last traded at $0.54. 323,100 shares changed hands during mid-day trading, an increase of 54% from the average daily volume of 210,367 shares. The stock had previously closed at $0.5108.
Azarga Uranium Stock Performance
The company’s 50 day moving average is $0.54 and its 200-day moving average is $0.54.
About Azarga Uranium
Azarga Uranium Corp. was a uranium exploration and development company focused on advancing projects in the United States. Its activities included acquiring, evaluating, permitting and developing uranium properties, with an emphasis on projects that could potentially support in-situ recovery operations.
The company’s principal asset was the Dewey Burdock Project in South Dakota, a proposed in-situ recovery uranium project. Azarga also held interests in uranium properties in Wyoming, including the Gas Hills Project, and pursued additional exploration and development opportunities in the western United States.
Azarga’s portfolio and strategy were centered on the domestic uranium sector, serving the broader market for uranium used in nuclear power generation.
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