Arizona Metals (CVE:AMC) Trading Up 3.1%

Arizona Metals Corp. (CVE:AMC) shares were up 3.1% on Tuesday . The stock traded as high as C$4.05 and last traded at C$3.99. Approximately 56,915 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 186,441 shares. The stock had previously closed at C$3.87.

Analyst Ratings Changes

Separately, National Bankshares lowered their target price on shares of Arizona Metals from C$5.50 to C$4.50 and set an “outperform” rating for the company in a research note on Monday, June 10th.

Arizona Metals Price Performance

The firm’s fifty day simple moving average is C$3.99 and its 200 day simple moving average is C$3.99. The company has a market capitalization of C$446.17 million and a PE ratio of -16.49.

Insider Transactions at Arizona Metals

In other Arizona Metals news, Director Duncan Kenneth Middlemiss acquired 79,500 shares of the business’s stock in a transaction dated Monday, August 19th. The stock was acquired at an average cost of C$1.90 per share, for a total transaction of C$151,050.00.

Arizona Metals Company Profile

Arizona Metals Corp. operates as a mineral exploration company. The company primarily explores for copper, gold, zinc, and silver deposits. It owns 100% interests in the Kay mine project, which consists of approximately 1,300 acres of patented and BLM claims located in Yavapai County, Arizona; and the Sugarloaf Peak Gold project that comprises 4,400 acres of BLM claims situated in La Paz County, Arizona.