Arizona Mining Inc (TSE:AZ) has been given a consensus recommendation of “Buy” by the eight ratings firms that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is C$6.13.

Several analysts recently issued reports on the company. CIBC lowered Arizona Mining from an “outperform” rating to a “neutral” rating and upped their target price for the stock from C$5.20 to C$6.20 in a report on Tuesday, June 26th. TD Securities lowered Arizona Mining from a “speculative buy” rating to a “tender” rating and upped their target price for the stock from C$5.50 to C$6.20 in a report on Tuesday, June 19th. Raymond James upped their target price on Arizona Mining from C$5.50 to C$6.20 and gave the stock an “outperform” rating in a report on Tuesday, June 19th. National Bank Financial lowered Arizona Mining from an “outperform” rating to a “tender” rating and upped their target price for the stock from C$6.00 to C$6.20 in a report on Monday, June 18th. Finally, BMO Capital Markets lowered Arizona Mining from an “outperform” rating to a “market perform” rating and upped their target price for the stock from C$5.50 to C$6.20 in a report on Monday, June 18th.

Shares of Arizona Mining stock remained flat at $C$6.19 during trading on Wednesday. The stock had a trading volume of 223,900 shares, compared to its average volume of 695,051. Arizona Mining has a 12 month low of C$2.60 and a 12 month high of C$6.20.

About Arizona Mining

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.

Featured Article: How Do You Make Money With Penny Stocks?

Analyst Recommendations for Arizona Mining (TSE:AZ)

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