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 dated 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

CVE:AMC opened at C$3.99 on Friday. The business’s fifty day moving average is C$3.99 and its 200 day moving average is C$3.99. The firm has a market cap of C$446.17 million and a price-to-earnings ratio of -16.49. Arizona Metals Corp. has a 52-week low of C$3.42 and a 52-week high of C$6.98.

Analyst Ratings Changes

Several research firms have recently weighed in on AMC. BMO Capital Markets reduced their target price on shares of Arizona Metals from C$6.50 to C$6.00 and set an “outperform” rating for the company in a research note on Monday, December 23rd. National Bankshares cut their price objective 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.

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.