In a report released on October 31, Cole McGill from Stifel Nicolaus maintained a Buy rating on Arizona Metals (AZMCF – Research Report), with a price target of C$7.50. The company’s shares closed last Friday at $1.07.
According to TipRanks, McGill is an analyst with an average return of -9.0% and a 35.29% success rate. McGill covers the Basic Materials sector, focusing on stocks such as Hudbay Minerals, Capstone Copper, and ioneer Limited.
Currently, the analyst consensus on Arizona Metals is a Moderate Buy with an average price target of $5.37.
The company has a one-year high of $2.00 and a one-year low of $1.01. Currently, Arizona Metals has an average volume of 197.5K.
Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AZMCF in relation to earlier this year.
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Arizona Metals (AZMCF) Company Description:
Arizona Metals Corp is a mineral exploration company. It is engaged in gold and copper deposits. The firm’s projects are Kay mine project and Sugarloaf peak gold project.
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