Arizona Mining Inc (TSE:AZ)’s share price traded up 5.2% during mid-day trading on Tuesday . The company traded as high as C$2.85 and last traded at C$2.85. 405,959 shares were traded during trading, a decline of 30% from the average session volume of 577,411 shares. The stock had previously closed at C$2.71.

A number of equities analysts have issued reports on the stock. TD Securities lifted their target price on shares of Arizona Mining from C$3.75 to C$4.25 in a research report on Thursday, August 17th. National Bank Financial lifted their target price on shares of Arizona Mining from C$3.75 to C$4.25 in a research report on Friday, July 14th. DZ Bank AG restated a “buy” rating on shares of Arizona Mining in a research report on Thursday, June 29th. Finally, J P Morgan Chase & Co restated a “buy” rating on shares of Arizona Mining in a research report on Tuesday, May 23rd. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of C$4.21.

The stock’s market capitalization is $881.74 million. The firm’s 50-day moving average price is $2.83 and its 200-day moving average price is $2.75.

In other news, Director Robert Wares sold 50,000 shares of the firm’s stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of C$3.13, for a total transaction of C$156,500.00.

COPYRIGHT VIOLATION NOTICE: This report was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another website, it was illegally stolen and republished in violation of international copyright laws. The correct version of this report can be read at https://www.watchlistnews.com/arizona-mining-inc-az-trading-5-2-higher/1560568.html.

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.

Receive News & Ratings for Arizona Mining Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arizona Mining Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.