Arizona Mining Inc (AZ) Given Average Rating of “Buy” by Brokerages

Arizona Mining Inc (TSE:AZ) has received an average rating of “Buy” from the ten analysts that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$4.42.

A number of analysts have recently commented on the stock. National Bank Financial boosted their target price on shares of Arizona Mining from C$4.25 to C$4.75 and gave the company an “outperform” rating in a report on Thursday. Royal Bank of Canada boosted their target price on shares of Arizona Mining from C$4.00 to C$5.00 and gave the company an “outperform” rating in a report on Thursday. Raymond James Financial boosted their target price on shares of Arizona Mining from C$4.00 to C$4.50 and gave the company an “outperform” rating in a report on Thursday. Finally, BMO Capital Markets boosted their target price on shares of Arizona Mining from C$4.00 to C$4.25 in a report on Monday, December 18th.

Arizona Mining (TSE AZ) traded up C$0.08 during trading hours on Friday, reaching C$4.20. 398,058 shares of the company traded hands, compared to its average volume of 506,423. The company has a market capitalization of $1,310.00, a PE ratio of -210.00 and a beta of 1.36. Arizona Mining has a twelve month low of C$1.70 and a twelve month high of C$4.29.

In other Arizona Mining news, insider Thomas S. Whelan bought 10,000 shares of the firm’s stock in a transaction on Monday, October 16th. The stock was acquired at an average price of C$3.54 per share, with a total value of C$35,400.00.

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About Arizona Mining

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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