Arizona Mining (AZ) Stock Price Up 4.8%

Arizona Mining Inc (TSE:AZ)’s share price rose 4.8% on Tuesday . The stock traded as high as C$4.37 and last traded at C$4.34. Approximately 216,085 shares changed hands during trading, a decline of 57% from the average daily volume of 498,059 shares. The stock had previously closed at C$4.14.

A number of equities analysts have commented on the stock. Canaccord Genuity lifted their price objective on shares of Arizona Mining from C$4.50 to C$6.00 in a research note on Wednesday, January 17th. Royal Bank of Canada lifted their price objective on shares of Arizona Mining from C$5.00 to C$6.00 and gave the stock an “outperform” rating in a research note on Thursday, January 18th. Raymond James Financial lifted their price objective on shares of 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 lifted their price objective on shares of 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 lifted their price objective on shares of Arizona Mining from C$4.25 to C$5.50 and gave the stock a “speculative buy” rating in a research note 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. Arizona Mining has an average rating of “Buy” and an average target price of C$5.54.

The stock has a market capitalization of $1,360.00, a P/E ratio of -217.00 and a beta of 1.60.

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

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