AZ Mining Inc (TSE:AZ)‘s stock had its “outperform” rating reaffirmed by equities researchers at Scotiabank in a research note issued on Wednesday, StockTargetPrices.com reports. They presently have a C$3.50 price objective on the stock. Scotiabank’s price objective would suggest a potential upside of 33.08% from the stock’s current price.
AZ has been the subject of a number of other research reports. National Bank Financial began coverage on AZ Mining in a report on Tuesday, June 21st. They set an “outperform” rating and a C$2.70 price objective for the company. Royal Bank Of Canada boosted their price objective on AZ Mining from C$2.00 to C$3.00 in a report on Tuesday, July 26th. TD Securities restated a “speculative buy” rating and set a C$3.75 price objective on shares of AZ Mining in a report on Friday, September 30th. Raymond James Financial Inc. restated an “outperform” rating and set a C$3.50 price objective on shares of AZ Mining in a report on Monday, September 26th. Finally, RBC Capital Markets upped their target price on AZ Mining from C$2.00 to C$3.00 in a report on Monday, July 25th. One analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of C$3.34.
Shares of AZ Mining (TSE:AZ) traded up 3.04% during trading on Wednesday, hitting $2.71. The stock had a trading volume of 501,745 shares. AZ Mining has a 12 month low of $0.26 and a 12 month high of $2.72. The company’s market cap is $631.85 million. The stock has a 50-day moving average price of $2.36 and a 200 day moving average price of $1.69.
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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