Arizona Mining Inc (TSE:AZ)’s share price dropped 0% during mid-day trading on Thursday . The company traded as low as C$3.06 and last traded at C$3.16. Approximately 283,565 shares traded hands during trading, a decline of 53% from the average daily volume of 608,958 shares. The stock had previously closed at C$3.16.

Separately, TD Securities increased their price target on Arizona Mining from C$3.75 to C$4.25 in a research report on Thursday, August 17th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of C$4.17.

In related news, insider Thomas S. Whelan acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 4th. The stock was purchased at an average cost of C$3.46 per share, for a total transaction of C$34,600.00. Also, Director Robert Wares sold 50,000 shares of the company’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of C$3.13, for a total value of C$156,500.00. Insiders have purchased a total of 50,000 shares of company stock valued at $169,700 over the last 90 days.

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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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