What’s Ahead for Arizona Mining Inc After Today’s Huge Increase?

 What's Ahead for Arizona Mining Inc After Today's Huge Increase?

The stock of Arizona Mining Inc (TSE:AZ) is a huge mover today! About 41,455 shares traded hands. Arizona Mining Inc (TSE:AZ) has risen 215.15% since April 22, 2016 and is uptrending. It has outperformed by 209.14% the S&P500.
The move comes after 8 months positive chart setup for the $725.14M company. It was reported on Nov, 28 by Barchart.com. We have $3.36 PT which if reached, will make TSE:AZ worth $50.76 million more.

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 -12.42% below today’s ($3.14) stock price. Arizona Mining Inc has been the topic of 5 analyst reports since May 16, 2016 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Friday, August 19 by Scotia Capital. The stock has “Outperform” rating given by Scotia Capital on Friday, July 8. Scotia Capital maintained the shares of AZ in a report on Tuesday, October 25 with “Outperform” rating.

Arizona Mining Inc., formerly AZ Mining Inc., is a Canada junior resource company. The company has a market cap of $725.14 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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