Could Arizona Mining Inc See a Reversal After This Very Weak Session?

 Could Arizona Mining Inc See a Reversal After This Very Weak Session?

The stock of Arizona Mining Inc (TSE:AZ) is a huge mover today! About 368,503 shares traded hands. Arizona Mining Inc (TSE:AZ) has risen 224.74% since April 7, 2016 and is uptrending. It has outperformed by 218.60% the S&P500.
The move comes after 6 months negative chart setup for the $713.53M company. It was reported on Nov, 11 by Barchart.com. We have $2.92 PT which if reached, will make TSE:AZ worth $35.68M less.

Arizona Mining Inc (TSE:AZ) Ratings Coverage

Out of 2 analysts covering Arizona Mining Inc (TSE:AZ), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $3.50 is the highest target while $2 is the lowest. The $2.75 average target is -10.42% below today’s ($3.07) stock price. Arizona Mining Inc has been the topic of 5 analyst reports since May 16, 2016 according to StockzIntelligence Inc. Scotia Capital maintained it with “Outperform” rating and $3.50 target price in Tuesday, October 25 report. As per Friday, August 19, the company rating was maintained by Scotia Capital. The rating was maintained by Scotia Capital on Friday, July 8 with “Outperform”.

Arizona Mining Inc., formerly AZ Mining Inc., is a Canada junior resource company. The company has a market cap of $713.53 million. The Firm is engaged in the acquisition, exploration and if warranted, development of natural mineral resource properties. It currently has negative earnings. It operates through mineral exploration and development segment.

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