Arizona Metals (CVE:AMC) Price Target Lowered to C$6.00 at BMO Capital Markets

Arizona Metals (CVE:AMC) had its price target trimmed by BMO Capital Markets from C$6.50 to C$6.00 in a research report sent to investors on Monday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Arizona Metals Price Performance

CVE AMC opened at C$3.99 on Monday. The company has a market cap of C$446.17 million and a P/E ratio of -16.49. Arizona Metals has a 12 month low of C$3.42 and a 12 month high of C$6.98. The company has a 50-day moving average of C$3.99 and a 200-day moving average of C$3.99.

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.