Arizona Metals (TSE:AMC) Stock Rating Lowered by National Bank Financial

Arizona Metals (TSE:AMC) was downgraded by investment analysts at National Bank Financial from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

Arizona Metals Price Performance

Shares of AMC stock traded down C$0.03 on Thursday, reaching C$0.27. 4,130,622 shares of the company were exchanged, compared to its average volume of 415,559. The company has a market cap of C$36.51 million, a price-to-earnings ratio of -1.89 and a beta of 0.88. The company has a 50-day moving average of C$0.56 and a 200-day moving average of C$0.63. Arizona Metals has a one year low of C$0.26 and a one year high of C$1.52.

Arizona Metals (TSE:AMC) last released its quarterly earnings data on Friday, March 27th. The company reported C($0.04) earnings per share (EPS) for the quarter.

Arizona Metals Company Profile

Arizona Metals Corp is a mineral exploration company. It is engaged in gold and copper deposits. The firm’s projects are the Kay mine project and the Sugarloaf peak gold project.