Shares of Arizona Mining Inc (TSE:AZ) have earned a consensus recommendation of “Buy” from the ten ratings firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$5.54.
A number of research analysts recently weighed in on the stock. BMO Capital Markets raised their target price on shares of Arizona Mining from C$4.00 to C$4.25 in a research report on Monday, December 18th. National Bank Financial reiterated an “outperform spec overweight” rating on shares of Arizona Mining in a research note on Wednesday, January 10th. Scotiabank increased their price target on shares of Arizona Mining from C$4.50 to C$6.00 and gave the company an “outperform” rating in a research note on Thursday, January 18th. Raymond James Financial increased their price target on shares of Arizona Mining from C$4.50 to C$5.25 and gave the company an “outperform” rating in a research note on Thursday, January 18th. Finally, Royal Bank of Canada increased their price target 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, January 11th.
Arizona Mining (TSE:AZ) traded down C$0.01 during trading on Friday, reaching C$3.90. 60,262 shares of the company were exchanged, compared to its average volume of 427,380. The company has a market capitalization of $1,260.00, a P/E ratio of -198.00 and a beta of 1.66. Arizona Mining has a 1-year low of C$1.70 and a 1-year high of C$4.87.
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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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