Arizona Sonoran Copper (OTC:ASCUF) Trading Down 2.2% – What’s Next?

Shares of Arizona Sonoran Copper Company Inc. (OTC:ASCUFGet Free Report) fell 2.2% during trading on Tuesday . The stock traded as low as $1.82 and last traded at $1.85. 17,343 shares were traded during trading, a decline of 51% from the average session volume of 35,346 shares. The stock had previously closed at $1.89.

Wall Street Analyst Weigh In

Separately, Scotiabank restated an “outperform” rating on shares of Arizona Sonoran Copper in a research note on Wednesday, May 14th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, Arizona Sonoran Copper presently has an average rating of “Buy”.

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Arizona Sonoran Copper Stock Performance

The stock has a fifty day simple moving average of $1.69 and a 200-day simple moving average of $1.53.

Arizona Sonoran Copper Company Profile

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Arizona Sonoran Copper Company Inc engages in the identification, acquisition, exploration, development, and production of base metal properties. It primarily explores for copper. The company’s principal asset is the 100% owned Cactus Mine Project located in Casa Grande, Arizona. The company was formerly known as Elim Mining Incorporated and changed its name to Arizona Sonoran Copper Company Inc in July 2021.

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