Arizona Metals Corp. (CVE:AMC) Director Rickard David Vernon Sells 23,253 Shares

Arizona Metals Corp. (CVE:AMC) Director Rickard David Vernon sold 23,253 shares of the stock in a transaction on Wednesday, March 5th. The stock was 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 company has a market capitalization of C$446.17 million and a P/E 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. The company has a fifty day moving average of C$3.99 and a 200-day moving average of C$3.99.

Analyst Upgrades and Downgrades

AMC has been the topic of a number of research analyst reports. BMO Capital Markets decreased their target price on Arizona Metals from C$6.50 to C$6.00 and set an “outperform” rating on the stock in a research note on Monday, December 23rd. National Bankshares decreased their price objective on shares of 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.