Azarga Metals (CVE:AZR) Sets New 1-Year High – What’s Next?

Azarga Metals Corp. (CVE:AZR)’s share price reached 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 trading hands. The stock had previously closed at C$0.18.

Azarga Metals Stock Up 2.9%

The firm’s 50 day moving average price is C$0.15 and its 200-day moving average price is C$0.12. The company has a current ratio of 0.05, a quick ratio of 0.15 and a debt-to-equity ratio of 208.67. The company has a market cap of C$13.46 million, a P/E 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.