National Bank Financial reaffirmed their outperform spec overweight rating on shares of Arizona Mining (TSE:AZ) in a research report sent to investors on Wednesday morning.
A number of other research analysts have also recently issued reports on the stock. BMO Capital Markets lifted their price objective on shares of Arizona Mining from C$4.00 to C$4.25 in a research note on Monday, December 18th. Royal Bank of Canada lifted their price objective on shares of Arizona Mining from C$4.00 to C$5.00 and gave the company an outperform rating in a research note on Thursday. Finally, Raymond James Financial lifted their price objective on shares of Arizona Mining from C$4.00 to C$4.50 and gave the company an outperform rating in a research note on Thursday. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of C$4.46.
Arizona Mining (TSE:AZ) opened at C$4.20 on Wednesday. The stock has a market cap of $1,310.00, a P/E ratio of -210.00 and a beta of 1.36. Arizona Mining has a one year low of C$1.70 and a one year high of C$4.29.
In other news, insider Thomas S. Whelan acquired 10,000 shares of the firm’s stock in a transaction that occurred on Monday, October 16th. The shares were acquired at an average cost 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.
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