AZ Mining Inc (AZ) Rating Reiterated by TD Securities

AZ Mining Inc (TSE:AZ)‘s stock had its “speculative buy” rating restated by analysts at TD Securities in a research report issued to clients and investors on Friday. They presently have a C$3.75 price target on the stock. TD Securities’ price target would suggest a potential upside of 51.21% from the company’s current price.

AZ has been the subject of several other research reports. Scotiabank upped their price target on AZ Mining from C$2.50 to C$3.50 and gave the stock an “outperform” rating in a report on Friday, September 9th. National Bank Financial restated an “outperform spec market weight” rating on shares of AZ Mining in a research note on Monday, June 20th. Royal Bank Of Canada restated an “outperform” rating on shares of AZ Mining in a research note on Tuesday, September 6th. Raymond James Financial Inc. restated an “outperform” rating and issued a C$3.50 price objective on shares of AZ Mining in a research note on Monday, September 26th. Finally, RBC Capital Markets upped their price objective on AZ Mining from C$2.00 to C$3.00 in a research note on Monday, July 25th. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. AZ Mining has an average rating of “Buy” and an average price target of C$3.34.

AZ Mining (TSE:AZ) opened at 2.48 on Friday. The company’s market cap is $578.23 million. AZ Mining has a 12 month low of $0.26 and a 12 month high of $2.71. The company has a 50 day moving average price of $2.26 and a 200-day moving average price of $1.62.

In other AZ Mining news, insider Purni Parikh acquired 15,000 shares of AZ Mining stock in a transaction on Wednesday, July 6th. The stock was purchased at an average price of C$1.84 per share, for a total transaction of C$27,600.00.

About AZ 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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