Arizona Mining Inc (TSE:AZ) had its price target decreased by Scotiabank from C$5.00 to C$4.50 in a research note issued to investors on Monday, StockTargetPrices.com reports. Scotiabank currently has an outperform rating on the stock.

A number of other analysts have also issued reports on the company. BMO Capital Markets reiterated an outperform rating and issued a C$4.00 price target on shares of Arizona Mining in a report on Tuesday, May 2nd. TD Securities reiterated a speculative buy rating and issued a C$3.75 price target on shares of Arizona Mining in a report on Tuesday, April 18th. Royal Bank of Canada reiterated an outperform rating and issued a C$4.00 price target on shares of Arizona Mining in a report on Tuesday, April 11th. National Bank Financial lowered their price target on Arizona Mining from C$4.50 to C$3.75 in a report on Tuesday, April 4th. Finally, Deutsche Bank AG reiterated a buy rating on shares of Arizona Mining in a report on Monday, April 3rd. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus price target of C$4.07.

Arizona Mining (TSE:AZ) opened at 2.12 on Monday. The stock has a 50 day moving average price of $2.08 and a 200-day moving average price of $2.62. The stock’s market cap is $529.29 million. Arizona Mining has a 1-year low of $1.21 and a 1-year high of $3.49.

COPYRIGHT VIOLATION NOTICE: This piece was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of United States & international copyright law. The legal version of this piece can be accessed at https://www.thecerbatgem.com/2017/05/19/arizona-mining-inc-az-given-new-c4-50-price-target-at-scotiabank.html.

In related news, Director Robert Wares bought 28,800 shares of the stock in a transaction on Thursday, April 20th. The stock was bought at an average price of C$1.94 per share, for a total transaction of C$55,872.00. In the last 90 days, insiders have acquired 99,400 shares of company stock valued at $202,577.

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.

Stock Target Prices

Receive News & Stock Ratings for Arizona Mining Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arizona Mining Inc and related stocks with our FREE daily email newsletter.