Aztec Minerals (CVE:AZT) Hits New 1-Year Low – Here’s Why

Aztec Minerals Corp. (CVE:AZT)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.19 and last traded at C$0.19, with a volume of 511309 shares. The stock had previously closed at C$0.20.

Analysts Set New Price Targets

Separately, Atrium Research raised shares of Aztec Minerals to a “strong-buy” rating in a research report on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock has an average rating of “Strong Buy”.

Aztec Minerals Price Performance

The company has a debt-to-equity ratio of 1.71, a quick ratio of 5.32 and a current ratio of 2.83. The business has a 50-day simple moving average of C$0.25 and a 200 day simple moving average of C$0.30. The firm has a market cap of C$34.94 million, a P/E ratio of -9.25 and a beta of 2.03.

Aztec Minerals Company Profile

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.