Arizona Sonoran Copper (OTC:ASCUF) Trading Up 0.8% – Here’s What Happened

Arizona Sonoran Copper Company Inc. (OTC:ASCUF)’s stock price was up 0.8% during mid-day trading on Monday . The company traded as high as $5.40 and last traded at $5.3930. Approximately 488,111 shares traded hands during mid-day trading, an increase of 124% from the average daily volume of 217,585 shares. The stock had previously closed at $5.35.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ASCUF shares. Scotiabank reiterated an “outperform” rating on shares of Arizona Sonoran Copper in a research note on Thursday, February 12th. Raymond James Financial restated an “outperform” rating on shares of Arizona Sonoran Copper in a research note on Wednesday, January 14th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Arizona Sonoran Copper currently has a consensus rating of “Buy”.

Arizona Sonoran Copper Trading Up 0.8%

The company has a 50-day moving average price of $4.43 and a 200-day moving average price of $3.17.

About Arizona Sonoran Copper

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. Arizona Sonoran Copper Company Inc was incorporated in 2019 and is based in Toronto, Canada.