Arizona Mining Inc (AZ) PT Raised to C$4.25
Arizona Mining Inc (TSE:AZ) had its price objective boosted by analysts at TD Securities from C$3.75 to C$4.25 in a research note issued on Thursday. TD Securities’ target price suggests a potential upside of 36.22% from the stock’s previous close.
Several other equities analysts have also recently issued reports on AZ. Scotiabank reiterated an “outperform” rating and set a C$5.00 target price on shares of Arizona Mining in a research report on Wednesday, April 19th. BMO Capital Markets reiterated an “outperform” rating and set a C$4.00 target price on shares of Arizona Mining in a research report on Tuesday, May 2nd. DZ Bank AG reiterated a “buy” rating on shares of Arizona Mining in a research report on Monday, May 15th. J P Morgan Chase & Co reiterated a “buy” rating on shares of Arizona Mining in a research report on Tuesday, May 23rd. Finally, National Bank Financial boosted their target price on Arizona Mining from C$3.75 to C$4.25 in a research report on Friday, July 14th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Arizona Mining has a consensus rating of “Buy” and a consensus price target of C$4.21.
Shares of Arizona Mining (AZ) traded down 2.24% during trading on Thursday, reaching $3.05. The company’s stock had a trading volume of 471,540 shares. Arizona Mining has a 52 week low of $1.70 and a 52 week high of $3.49. The company has a 50 day moving average price of $3.06 and a 200 day moving average price of $2.52. The firm’s market capitalization is $921.00 million.
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About Arizona Mining
Arizona Mining Inc acquires, explores for, and develops metal properties in the United States and Canada. It explores for zinc, lead, silver, manganese manto oxide, copper, and gold deposits. The company holds 100% interest in the Hermosa property, which includes 24 patented mining claims totaling an area of approximately 453 acres; and 1,104 unpatented claims covering an area of approximately 19,015 acres located to the southeast of Tucson, Arizona.
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