Arizona Mining (TSE:AZ) had its price target raised by Scotiabank from C$4.50 to C$6.00 in a note issued to investors on Thursday. The firm currently has an “outperform” rating on the stock. Scotiabank’s price target indicates a potential upside of 33.33% from the company’s previous close.
A number of other research firms also recently weighed in on AZ. Canaccord Genuity upped their price target on Arizona Mining from C$4.50 to C$6.00 in a research note on Wednesday. Royal Bank of Canada upped their price target on Arizona Mining from C$5.00 to C$6.00 and gave the stock an “outperform” rating in a research note on Thursday. Raymond James Financial upped their price target on Arizona Mining from C$4.00 to C$4.50 and gave the stock an “outperform” rating in a research note on Thursday, January 11th. National Bank Financial upped their price target on Arizona Mining from C$4.25 to C$4.75 and gave the stock an “outperform” rating in a research note on Thursday, January 11th. Finally, TD Securities upped their price target on Arizona Mining from C$4.25 to C$5.50 and gave the stock a “speculative buy” rating in a research note on Wednesday. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Arizona Mining has a consensus rating of “Buy” and a consensus target price of C$5.54.
Shares of Arizona Mining (TSE AZ) traded down C$0.11 during trading hours on Thursday, hitting C$4.50. The stock had a trading volume of 611,918 shares, compared to its average volume of 375,898. The firm has a market cap of $1,410.00, a P/E ratio of -225.00 and a beta of 1.36. Arizona Mining has a 12 month low of C$1.70 and a 12 month high of C$4.87.
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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.
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