Shares of Arizona Metals Corp. (OTCMKTS:AZMCF – Get Free Report) fell 9.2% during trading on Thursday . The company traded as low as $0.89 and last traded at $0.90. 824,497 shares traded hands during mid-day trading, an increase of 214% from the average session volume of 262,741 shares. The stock had previously closed at $1.00.
Arizona Metals Stock Performance
The firm’s 50 day moving average is $1.10 and its 200 day moving average is $1.21.
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.
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