Arizona Metals (CVE:AMC) Trading 3.1% Higher – Time to Buy?

Arizona Metals Corp. (CVE:AMC) shares traded up 3.1% on Thursday . The stock traded as high as C$4.05 and last traded at C$3.99. 56,916 shares traded hands during mid-day 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 Up 3.1%

The company’s 50 day simple moving average is C$3.99 and its two-hundred day simple moving average is C$3.99. The company has a market capitalization of C$446.17 million and a price-to-earnings ratio of -16.49.

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. The company was formerly known as Ring The Bell Capital Corp and changed its name to Arizona Metals Corp.