Arizona Metals Corp. (CVE:AMC – Get Rating)’s stock price shot up 3.1% during mid-day trading on Thursday . The stock traded as high as C$4.05 and last traded at C$3.99. 56,916 shares traded hands during trading, a decline of 69% from the average session volume of 186,441 shares. The stock had previously closed at C$3.87.
Arizona Metals Stock Performance
The stock has a market capitalization of C$446.17 million and a P/E ratio of -16.49. The stock has a 50-day simple moving average of C$3.99 and a 200 day simple moving average of C$3.99.
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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