AZ Mining Inc (AZ) Given “Outperform” Rating at Scotiabank
Scotiabank reaffirmed their outperform rating on shares of AZ Mining Inc (TSE:AZ) in a research report sent to investors on Wednesday morning. They currently have a C$3.50 price objective on the stock.
A number of other equities research analysts have also commented on AZ. TD Securities restated a speculative buy rating and set a C$3.75 price target on shares of AZ Mining in a research report on Friday, September 30th. Raymond James Financial Inc. restated an outperform rating and set a C$3.50 price target on shares of AZ Mining in a research report on Monday, September 26th. National Bank Financial increased their price target on AZ Mining from C$2.90 to C$3.30 in a research report on Wednesday, September 14th. Royal Bank Of Canada restated an outperform rating on shares of AZ Mining in a research report on Tuesday, September 6th. Finally, RBC Capital Markets increased their price target on AZ Mining from C$2.00 to C$3.00 in a research 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 has a consensus rating of Buy and an average price target of C$3.34.
AZ Mining (TSE:AZ) opened at 2.68 on Wednesday. The firm’s market capitalization is $624.86 million. The company has a 50 day moving average price of $2.37 and a 200-day moving average price of $1.69. AZ Mining has a one year low of $0.26 and a one year high of $2.78.
About AZ 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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