Azarga Uranium (TSE:AZZ) Stock Price Down 11.1%

Shares of Azarga Uranium Corp (TSE:AZZ) were down 11.1% on Thursday . The company traded as low as C$0.16 and last traded at C$0.16, approximately 159,475 shares changed hands during mid-day trading. An increase of 37% from the average daily volume of 116,820 shares. The stock had previously closed at C$0.18.

Separately, Haywood Securities restated a “buy” rating and issued a C$0.50 target price on shares of Azarga Uranium in a report on Monday, June 24th.

The company has a debt-to-equity ratio of 0.35, a current ratio of 1.49 and a quick ratio of 1.46. The stock has a fifty day moving average price of C$0.19 and a two-hundred day moving average price of C$0.21. The company has a market cap of $33.07 million and a P/E ratio of -5.29.

About Azarga Uranium (TSE:AZZ)

Azarga Uranium Corp., together with its subsidiaries, operates as an integrated uranium exploration and development company in the United States and the Kyrgyz Republic. It holds a 100% interest in the Dewey Burdock Project covering an area of approximately 12,500 surface acres and 17,320 net mineral acres located in South Dakota; the Centennial Project that covers an area of approximately 1,360 acres of surface rights and 6,230 acres of mineral rights located in the western part of Weld County in northeastern Colorado; and the Aladdin Deposit covering an area of 5,160 acres of surface rights and 4,610 acres of mineral rights located in Wyoming.

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