Azarga Metals Corp. (CVE:AZR – Get Free Report) shares dropped 23.7% on Friday. The company traded as low as C$0.14 and last traded at C$0.14. 105,750 shares were traded during trading, an increase of 451% from the average daily volume of 19,203 shares. The stock had previously closed at C$0.19.
Azarga Metals Stock Down 23.7%
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 firm has a market capitalization of C$13.25 million, a PE ratio of -14.50 and a beta of -2.60. The business has a 50-day moving average price of C$0.18 and a 200-day moving average price of C$0.16.
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.
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