Arizona Mining Inc (AZ) Stock Rating Reaffirmed by Scotiabank

Arizona Mining Inc (TSE:AZ)‘s stock had its “outperform” rating reissued by investment analysts at Scotiabank in a report issued on Friday. They presently have a C$4.50 target price on the stock. Scotiabank’s price objective would suggest a potential upside of 91.49% from the company’s current price.

AZ has been the topic of several other reports. National Bank Financial reissued an “outperform” rating and issued a C$4.50 target price on shares of Arizona Mining in a research report on Wednesday, December 7th. Royal Bank of Canada reissued an “outperform” rating on shares of Arizona Mining in a research report on Friday, December 16th. BMO Capital Markets reissued an “outperform” rating and issued a C$3.75 target price on shares of Arizona Mining in a research report on Thursday, February 2nd. TD Securities reissued a “speculative buy” rating and issued a C$4.00 target price on shares of Arizona Mining in a research report on Wednesday, December 7th. Finally, Canaccord Genuity reissued a “speculative buy” rating and issued a C$4.00 target price on shares of Arizona Mining in a research report on Friday, March 10th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of C$4.18.

Analyst Recommendations for Arizona Mining (TSE:AZ)

Shares of Arizona Mining (TSE:AZ) opened at 2.35 on Friday. Arizona Mining has a 1-year low of $0.63 and a 1-year high of $3.49. The stock has a 50 day moving average of $2.73 and a 200 day moving average of $2.76. The company’s market cap is $558.73 million.

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About Arizona 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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