Arizona Metals Corp. (CVE:AMC – Get Free Report) Director Rickard David Vernon sold 23,253 shares of Arizona Metals stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of C$1.37, for a total value of C$31,856.61.
Arizona Metals Stock Performance
Shares of CVE:AMC opened at C$3.99 on Friday. The firm has a market cap of C$446.17 million and a price-to-earnings ratio of -16.49. The business has a 50-day simple moving average of C$3.99 and a two-hundred day simple moving average of C$3.99. Arizona Metals Corp. has a fifty-two week low of C$3.42 and a fifty-two week high of C$6.98.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the company. BMO Capital Markets reduced their price target on Arizona Metals from C$6.50 to C$6.00 and set an “outperform” rating for the company in a report on Monday, December 23rd. National Bankshares decreased their target price on shares of Arizona Metals from C$4.00 to C$3.75 and set an “outperform” rating for the company in a report on Monday, December 30th.
About Arizona Metals
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.
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