Arizona Mining Inc (AZ) Earns “Buy” Rating from DZ Bank AG

Arizona Mining Inc (TSE:AZ)‘s stock had its “buy” rating reiterated by investment analysts at DZ Bank AG in a report issued on Thursday, June 29th, StockTargetPrices.com reports.

Several other brokerages have also issued reports on AZ. Scotiabank restated an “outperform” rating and issued a C$4.50 target price on shares of Arizona Mining in a research note on Thursday, March 30th. J P Morgan Chase & Co restated a “buy” rating on shares of Arizona Mining in a research note on Tuesday, May 23rd. Canaccord Genuity reiterated a “speculative buy” rating and issued a C$4.00 price objective on shares of Arizona Mining in a report on Friday, March 10th. National Bank Financial dropped their target price on Arizona Mining from C$4.50 to C$3.75 in a report on Tuesday, April 4th. Finally, TD Securities dropped their price objective on Arizona Mining from C$4.00 to C$3.75 and set a “speculative buy” rating for the company in a report on Tuesday, April 4th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Arizona Mining has a consensus rating of “Buy” and a consensus price target of C$4.14.

Arizona Mining (TSE AZ) traded up 0.60% on Thursday, reaching $3.34. The company’s stock had a trading volume of 250,196 shares. Arizona Mining has a 12 month low of $1.58 and a 12 month high of $3.49. The firm’s market cap is $837.22 million. The firm has a 50 day moving average of $2.73 and a 200 day moving average of $2.50.

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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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