Azarga Metals (CVE:AZR) Trading Down 10% – What’s Next?
by Danessa Lincoln · The Markets DailyAzarga Metals Corp. (CVE:AZR – Get Free Report)’s stock price dropped 10% during mid-day trading on Monday . The company traded as low as C$0.18 and last traded at C$0.18. 100,485 shares traded hands during mid-day trading, an increase of 399% from the average daily volume of 20,154 shares. The stock had previously closed at C$0.20.
Azarga Metals Trading Down 10.0%
The firm has a market cap of C$16.37 million, a PE ratio of -18.00 and a beta of -2.51. The company has a 50-day simple moving average of C$0.13 and a 200 day simple moving average of C$0.15. 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
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.