Arizona Metals (CVE:AMC) Price Target Cut to C$2.75 by Analysts at BMO Capital Markets

Arizona Metals (CVE:AMC) had its target price lowered by BMO Capital Markets from C$5.50 to C$2.75 in a research note released on Tuesday morning,BayStreet.CA reports.

Arizona Metals Stock Up 3.1%

CVE:AMC opened at C$3.99 on Tuesday. The company’s 50 day moving average price is C$3.99 and its 200-day moving average price is C$3.99. Arizona Metals has a 52 week low of C$3.42 and a 52 week high of C$6.98. The stock has a market cap of C$446.17 million and a price-to-earnings ratio of -16.49.

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.