San Diego, CA -- (SBWIRE) -- 03/13/2013 -- An investigation on behalf of investors in shares of China Armco Metals, Inc (NYSEAMEX:CNAM) was announced concerning whether certain China Armco Metals officers and directors possibly breached their fiduciary duties in connection with certain statements.

Investors who are current long term stockholders of shares of China Armco Metals, Inc (NYSEAMEX:CNAM), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain China Armco Metals officers and directors breached their fiduciary duties and caused damage to the company. and its shareholders by failing to implement adequate internal controls.

China Armco Metals, Inc (NYSEAMEX:CNAM reported that its annual Total Revenue increased from $68.79 million in 2010 to $106.22 million in 2011, while tis Net Loss rose from $2.23 million in 2010 to $3.35 million in 2011.

Shares of China Armco Metals, Inc (NYSEAMEX:CNAM) declined from as high as $3.943 per share in January 2011 to as low as $0.285 in August 2012.

On March 12, 2013, NYSEAMEX:CNAM shares closed at $0.35 per share.

Those who are current long term stockholders of shares of China Armco Metals, Inc (NYSEAMEX:CNAM), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

Contact:
Shareholders Foundation, Inc.
Jacob Rosenfeld
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com