Azarga Metals (CVE:AZR) Sets New 52-Week High – Time to Buy?

Azarga Metals Corp. (CVE:AZRGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.04 and last traded at C$0.04, with a volume of 4000 shares traded. The stock had previously closed at C$0.03.

Azarga Metals Stock Performance

The stock’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The firm has a market capitalization of C$1.27 million, a price-to-earnings ratio of -3.50 and a beta of 0.51. The company has a current ratio of 0.05, a quick ratio of 0.15 and a debt-to-equity ratio of 208.67.

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.

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