Arizona Mining Inc (AZ) Given New C$4.25 Price Target at National Bank Financial

Arizona Mining Inc (TSE:AZ) had its target price lifted by stock analysts at National Bank Financial from C$3.75 to C$4.25 in a note issued to investors on Friday, July 14th. National Bank Financial’s price target would suggest a potential upside of 46.05% from the stock’s current price.

Other equities analysts have also recently issued research reports about the stock. DZ Bank AG reissued a “buy” rating on shares of Arizona Mining in a research report on Thursday, June 29th. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Arizona Mining in a research report on Tuesday, May 23rd. Scotiabank dropped their price target on shares of Arizona Mining from C$5.00 to C$4.50 and set an “outperform” rating on the stock in a research report on Monday, May 15th. BMO Capital Markets reiterated an “outperform” rating and issued a C$4.00 price objective on shares of Arizona Mining in a research note on Tuesday, May 2nd. Finally, TD Securities reiterated a “speculative buy” rating and issued a C$3.75 price objective on shares of Arizona Mining in a research note on Tuesday, April 18th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of C$4.14.

Arizona Mining (TSE:AZ) opened at 2.91 on Friday. Arizona Mining has a 52 week low of $1.65 and a 52 week high of $3.49. The company’s market capitalization is $729.44 million. The company’s 50-day moving average price is $3.02 and its 200-day moving average price is $2.53.

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Arizona Mining Company Profile

Arizona Mining Inc acquires, explores for, and develops metal properties in the United States and Canada. It explores for zinc, lead, silver, manganese manto oxide, copper, and gold deposits. The company holds 100% interest in the Hermosa property, which includes 24 patented mining claims totaling an area of approximately 453 acres; and 1,104 unpatented claims covering an area of approximately 19,015 acres located to the southeast of Tucson, Arizona.

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