Arizona Metals (CVE:AMC) Trading Down 1.2%

Arizona Metals Corp. (CVE:AMC – Get Rating) dropped 1.2% during trading on Monday . The company traded as low as C$4.04 and last traded at C$4.07. Approximately 67,372 shares were traded during trading, a decline of 71% from the average daily volume of 234,671 shares. The stock had previously closed at C$4.12.
The stock has a market capitalization of C$453.28 million and a P/E ratio of -16.82. The business has a 50-day moving average price of C$5.49 and a 200 day moving average price of C$5.82.
About Arizona Metals (CVE:AMC)
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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