Arizona Mining Inc (AZ) Receives C$4.21 Average Target Price from Analysts

Shares of Arizona Mining Inc (TSE:AZ) have earned an average recommendation of “Buy” from the nine ratings firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is C$4.21.

Separately, BMO Capital Markets increased their price target on Arizona Mining from C$4.00 to C$4.25 in a research report on Monday.

Arizona Mining (TSE AZ) traded up C$0.04 during trading on Monday, hitting C$3.40. The stock had a trading volume of 310,513 shares, compared to its average volume of 584,471. Arizona Mining has a 52 week low of C$1.70 and a 52 week high of C$3.68.

In other news, insider Thomas S. Whelan purchased 10,000 shares of the company’s stock in a transaction dated Wednesday, October 4th. The stock was bought at an average cost of C$3.46 per share, for a total transaction of C$34,600.00. Also, insider Thomas S. Whelan bought 20,000 shares of the stock in a transaction that occurred on Tuesday, October 3rd. The shares were bought at an average cost of C$3.21 per share, with a total value of C$64,200.00. In the last ninety days, insiders acquired 50,000 shares of company stock worth $169,700.

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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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