Azarga Metals (CVE:AZR) Shares Cross Above Fifty Day Moving Average – Here’s Why

Azarga Metals Corp. (CVE:AZRGet Free Report)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 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.

Azarga Metals Stock Performance

The company has a fifty day moving average price of C$0.15 and a two-hundred day moving average price of C$0.14. The firm has a market cap of C$13.64 million, a price-to-earnings ratio of -7.00 and a beta of -3.09. The company has a debt-to-equity ratio of 208.67, a current ratio of 0.05 and a quick ratio of 0.15.

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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