Arizona Mining (TSE:AZ) had its target price increased by equities research analysts at National Bank Financial from C$4.25 to C$4.75 in a research note issued to investors on Thursday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price target suggests a potential upside of 18.45% from the company’s previous close.
Several other research firms have also recently weighed in on AZ. Royal Bank of Canada increased their price objective on Arizona Mining from C$4.00 to C$5.00 and gave the stock an “outperform” rating in a report on Thursday. Raymond James Financial increased their price objective on Arizona Mining from C$4.00 to C$4.50 and gave the stock an “outperform” rating in a report on Thursday. Finally, BMO Capital Markets increased their price objective on Arizona Mining from C$4.00 to C$4.25 in a report on Monday, December 18th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of C$4.46.
Arizona Mining (TSE:AZ) traded up C$0.28 on Thursday, reaching C$4.01. The company had a trading volume of 1,349,924 shares, compared to its average volume of 424,921. Arizona Mining has a fifty-two week low of C$1.70 and a fifty-two week high of C$4.02. The company has a market cap of $1,250.00, a price-to-earnings ratio of -200.50 and a beta of 1.36.
In other Arizona Mining news, insider Thomas S. Whelan acquired 10,000 shares of the company’s stock in a transaction on Monday, October 16th. The stock was acquired at an average price of C$3.54 per share, for a total transaction 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.
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