AZ Mining Inc (AZ) Rating Reiterated by TD Securities
AZ Mining Inc (TSE:AZ)‘s stock had its “speculative buy” rating restated by TD Securities in a research note issued to investors on Friday. They currently have a C$3.75 price target on the stock. TD Securities’ price objective indicates a potential upside of 51.21% from the stock’s current price.
A number of other equities research analysts also recently weighed in on the company. Raymond James Financial Inc. reissued an “outperform” rating and set a C$3.50 target price on shares of AZ Mining in a report on Monday, September 26th. Scotiabank reissued an “outperform” rating and set a C$3.50 target price on shares of AZ Mining in a report on Thursday, September 15th. National Bank Financial lifted their target price on AZ Mining from C$2.90 to C$3.30 in a report on Wednesday, September 14th. Royal Bank Of Canada reissued an “outperform” rating on shares of AZ Mining in a report on Tuesday, September 6th. Finally, RBC Capital Markets lifted their target price on AZ Mining from C$2.00 to C$3.00 in a report on Monday, July 25th. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of C$3.34.
AZ Mining (TSE:AZ) opened at 2.48 on Friday. AZ Mining has a 52-week low of $0.26 and a 52-week high of $2.71. The firm’s market capitalization is $578.23 million. The firm’s 50-day moving average is $2.26 and its 200-day moving average is $1.62.
In related news, insider Purni Parikh purchased 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 6th. The shares were bought at an average price of C$1.84 per share, for a total transaction 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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