Arizona Mining (AZ) Price Target Raised to C$6.00 at Royal Bank of Canada
Arizona Mining (TSE:AZ) had its price target lifted by Royal Bank of Canada from C$5.00 to C$6.00 in a research report sent to investors on Thursday. They currently have an outperform rating on the stock.
Other research analysts also recently issued research reports about the company. BMO Capital Markets lifted their price target on Arizona Mining from C$4.00 to C$4.25 in a report on Monday, December 18th. Canaccord Genuity lifted their price target on Arizona Mining from C$4.50 to C$6.00 in a report on Wednesday. National Bank Financial lifted their price target on Arizona Mining from C$4.75 to C$5.75 and gave the company an outperform rating in a report on Wednesday. Raymond James Financial lifted their price target on Arizona Mining from C$4.00 to C$4.50 and gave the company an outperform rating in a report on Thursday, January 11th. Finally, TD Securities lifted their price target on Arizona Mining from C$4.25 to C$5.50 and gave the company a speculative buy rating in a report on Wednesday. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of C$5.54.
Shares of Arizona Mining (TSE:AZ) traded up C$0.13 during trading on Thursday, hitting C$4.63. The stock had a trading volume of 702,872 shares, compared to its average volume of 570,219. The firm has a market capitalization of $1,440.00, a price-to-earnings ratio of -231.50 and a beta of 1.36. Arizona Mining has a 12 month low of C$1.70 and a 12 month high of C$4.87.
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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.
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