Azarga Metals (CVE:AZR) Share Price Passes Above 50 Day Moving Average – Here’s Why

Azarga Metals Corp. (CVE:AZRGet Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.15 and traded as high as C$0.17. Azarga Metals shares last traded at C$0.17, with a volume of 1,000 shares trading hands.

Azarga Metals Stock Up 10.0%

The business has a 50 day moving average of C$0.15 and a 200 day moving average of C$0.14. 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$15.01 million, a price-to-earnings ratio of -7.00 and a beta of -3.09.

About Azarga Metals

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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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