Q3 2016 Earnings Estimate for AZ Mining Inc (AZ) Issued By Raymond James Financial
AZ Mining Inc (TSE:AZ) – Investment analysts at Raymond James Financial issued their Q3 2016 earnings per share (EPS) estimates for shares of AZ Mining in a report issued on Monday. Raymond James Financial analyst A. Terentiew expects that the brokerage will post earnings of $0.00 per share for the quarter. Raymond James Financial currently has a “Outperform” rating and a $3.50 target price on the stock. Raymond James Financial also issued estimates for AZ Mining’s Q4 2016 earnings at $0.00 EPS, FY2016 earnings at ($0.03) EPS and FY2017 earnings at ($0.01) EPS.
Several other research analysts have also recently weighed in on AZ. National Bank Financial reissued an “outperform spec market weight” rating on shares of AZ Mining in a research report on Monday, June 20th. Scotiabank reissued an “outperform” rating and set a C$3.50 price target on shares of AZ Mining in a research report on Thursday, September 15th. Royal Bank Of Canada boosted their price target on shares of AZ Mining from C$2.00 to C$3.00 in a research report on Tuesday, July 26th. Finally, RBC Capital Markets boosted their price target on shares of AZ Mining from C$2.00 to C$3.00 in a research report on Monday, July 25th.
AZ Mining (TSE:AZ) opened at 2.65 on Wednesday. The firm’s 50-day moving average is $2.21 and its 200-day moving average is $1.58. The stock’s market cap is $617.86 million. AZ Mining has a 52-week low of $0.25 and a 52-week high of $2.71.
In related news, insider Purni Parikh bought 15,000 shares of the firm’s stock in a transaction on Wednesday, July 6th. The shares were bought at an average price of C$1.84 per share, with a total value of C$27,600.00.
AZ 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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