Arizona Mining Inc (TSE:AZ) has been given a consensus rating of “Buy” by the ten research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$4.21.

Several research analysts have weighed in on AZ shares. TD Securities upped their target price on shares of Arizona Mining from C$3.75 to C$4.25 in a research report on Thursday, August 17th. National Bank Financial increased their price target on shares of Arizona Mining from C$3.75 to C$4.25 in a research report on Friday, July 14th. Finally, DZ Bank AG reiterated a “buy” rating on shares of Arizona Mining in a research report on Thursday, June 29th.

In related news, Director Robert Wares sold 50,000 shares of the company’s stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of C$3.13, for a total transaction of C$156,500.00. Also, insider Thomas S. Whelan acquired 10,000 shares of Arizona Mining stock in a transaction that occurred on Wednesday, October 4th. The shares were purchased at an average cost of C$3.46 per share, for a total transaction of C$34,600.00. Insiders bought 50,000 shares of company stock worth $169,700 over the last quarter.

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Arizona Mining (TSE:AZ) opened at 3.32 on Friday. The stock’s market capitalization is $1.00 billion. Arizona Mining has a 52 week low of $2.30 and a 52 week high of $3.68. The company has a 50-day moving average of $3.19 and a 200-day moving average of $3.19.

Arizona Mining Company Profile

Arizona Mining Inc, formerly AZ Mining Inc, is a Canada-based junior resource company. The Company is engaged in the acquisition, exploration and if warranted, development of natural mineral resource properties. It operates through mineral exploration and development segment. It is focused on the exploration and development of Hermosa Property.

Analyst Recommendations for Arizona Mining (TSE:AZ)

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