Arizona Mining Inc (TSE:AZ) has received a consensus rating of “Buy” from the eight analysts that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$6.13.
Separately, National Bank Financial restated a “tender” rating and set a C$6.20 price target on shares of Arizona Mining in a report on Monday, August 13th.
Arizona Mining stock remained flat at $C$6.19 during midday trading on Thursday. 223,900 shares of the company traded hands, compared to its average volume of 695,051. Arizona Mining has a 1-year low of C$2.60 and a 1-year high of C$6.20.
Arizona Mining Inc acquires, explores for, and develops natural mineral resource 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 patented mining claims totaling an area of approximately 535 acres; and unpatented mining claims covering approximately 19,015 acres located to the southeast of Tucson, Arizona.
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