Arizona Metals (TSE:AMC) Releases Earnings Results

Arizona Metals (TSE:AMC) announced its quarterly earnings data on Friday. The company reported C($0.01) earnings per share (EPS) for the quarter, FiscalAI reports.

Arizona Metals Trading Down 2.8%

Shares of TSE:AMC opened at C$0.17 on Friday. The firm has a market cap of C$24.11 million, a price-to-earnings ratio of -1.46 and a beta of 0.57. The stock’s 50-day moving average price is C$0.16 and its two-hundred day moving average price is C$0.37. Arizona Metals has a 12-month low of C$0.12 and a 12-month high of C$0.84.

Analyst Ratings Changes

Separately, National Bank Financial cut shares of Arizona Metals from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Insider Activity at Arizona Metals

In related news, Director Duncan Kenneth Middlemiss acquired 525,000 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was bought at an average price of C$0.19 per share, with a total value of C$99,750.00. Following the purchase, the director directly owned 790,012 shares in the company, valued at C$150,102.28. The trade was a 198.10% increase in their position.

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.