Aztec Minerals (CVE:AZT) Trading 5.9% Higher – Here’s Why

Aztec Minerals Corp. (CVE:AZT) shares rose 5.9% during mid-day trading on Tuesday . The company traded as high as C$0.27 and last traded at C$0.27. Approximately 210,490 shares were traded during trading, a decline of 9% from the average daily volume of 230,695 shares. The stock had previously closed at C$0.26.

Analyst Upgrades and Downgrades

Separately, Atrium Research upgraded Aztec Minerals to a “strong-buy” rating in a research note on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company presently has an average rating of “Strong Buy”.

Aztec Minerals Stock Down 2.0%

The stock has a market cap of C$47.22 million, a PE ratio of -12.50 and a beta of 2.06. The business has a fifty day moving average of C$0.23 and a 200-day moving average of C$0.28. The company has a debt-to-equity ratio of 1.71, a current ratio of 2.83 and a quick ratio of 5.32.

About Aztec Minerals

Aztec Minerals Corp. acquires, explores for, and evaluates mineral resources in Canada, Mexico, and the United States. The company primarily explores for gold, copper, silver, lead, and zinc deposits. It holds interest in the Cervantes porphyry gold-copper property covering an area of 3,650 hectares located in Sonora, Mexico. Aztec Minerals Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.