Arizona Metals Corp. (CVE:AMC) Director Sells C$31,856.61 in Stock

Arizona Metals Corp. (CVE:AMC) Director Rickard David Vernon sold 23,253 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of C$1.37, for a total transaction of C$31,856.61.

Arizona Metals Stock Up 3.1 %

Shares of Arizona Metals stock traded up C$0.12 during trading on Wednesday, hitting C$3.99. The stock had a trading volume of 56,916 shares, compared to its average volume of 186,441. Arizona Metals Corp. has a 1 year low of C$3.42 and a 1 year high of C$6.98. The stock has a 50 day simple moving average of C$3.99 and a 200 day simple moving average of C$3.99. The company has a market capitalization of C$446.17 million and a PE ratio of -16.49.

Analysts Set New Price Targets

Several research firms have issued reports on AMC. BMO Capital Markets dropped their price target on Arizona Metals from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a report on Monday, December 23rd. National Bankshares cut their target price on Arizona Metals from C$4.00 to C$3.75 and set an “outperform” rating on the stock in a research report on Monday, December 30th.

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.