Augusta Resource Corp Price Target Raised to $5.00 at TD Securities (AZC)
Research analysts at TD Securities upped their target price on shares of Augusta Resource Corp (NYSE:AZC) from $4.25 to $5.00 in a report released on Friday, StockRatingsNetwork reports. The firm currently has a “speculative buy” rating on the stock. TD Securities’ price objective points to a potential upside of 152.53% from the stock’s previous close.
Shares of Augusta Resource Corp (NYSE:AZC) traded down 0.51% on Friday, hitting $1.96. 245,890 shares of the company’s stock traded hands. Augusta Resource Corp has a one year low of $1.85 and a one year high of $3.13. The stock has a 50-day moving average of $2.06 and a 200-day moving average of $2.32. The company’s market cap is $282.9 million.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity cut their price target on shares of Augusta Resource Corp (NYSE:AZC) from $6.00 to $5.75 in a research note to investors on Monday, July 8th. Analysts at Scotiabank initiated coverage on shares of Augusta Resource Corp (NYSE:AZC) in a research note to investors on Thursday, July 4th. They set a “sector outperform” rating and a $4.50 price target on the stock.
One equities research analyst has rated the stock with a sell rating and three have issued a buy rating to the company. Augusta Resource Corp presently has a consensus rating of “Buy” and an average price target of $5.04.
Augusta Resource Corporation (NYSE:AZC) is engaged in the acquisition, exploration and development of natural mineral resource properties.
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