Arizona Mining (TSE:AZ) Price Target Raised to C$6.00 at Royal Bank of Canada

Arizona Mining (TSE:AZ) had its price target boosted by Royal Bank of Canada from C$5.00 to C$6.00 in a report released on Thursday, January 18th. The brokerage currently has an “outperform” rating on the stock. Royal Bank of Canada’s price objective would suggest a potential upside of 51.13% from the company’s current price.

A number of other equities research analysts also recently commented on AZ. TD Securities boosted their price target on Arizona Mining from C$4.25 to C$5.50 and gave the company a “speculative buy” rating in a research report on Wednesday, January 17th. National Bank Financial boosted their price target on Arizona Mining from C$4.75 to C$5.75 and gave the company an “outperform” rating in a research report on Wednesday, January 17th. Raymond James Financial boosted their price target on Arizona Mining from C$4.00 to C$4.50 and gave the company an “outperform” rating in a research report on Thursday, January 11th. BMO Capital Markets boosted their price target on Arizona Mining from C$4.00 to C$4.25 in a research report on Monday, December 18th. Finally, Canaccord Genuity boosted their price target on Arizona Mining from C$4.50 to C$6.00 in a research report on Wednesday, January 17th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of C$5.54.

Arizona Mining (TSE AZ) opened at C$3.97 on Thursday. The stock has a market capitalization of $1,240.00, a price-to-earnings ratio of -198.50 and a beta of 1.60. Arizona Mining has a 1-year low of C$1.70 and a 1-year high of C$4.87.

Arizona Mining (TSE:AZ) last released its quarterly earnings results on Tuesday, November 14th. The company reported C($0.01) earnings per share for the quarter.

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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.

Analyst Recommendations for Arizona Mining (TSE:AZ)

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