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

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

Wall Street Analyst Weigh In

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

Aztec Minerals Stock Up 5.9%

The firm has a market capitalization of C$51.00 million, a price-to-earnings ratio of -13.50 and a beta of 2.06. The company has a debt-to-equity ratio of 1.71, a current ratio of 2.83 and a quick ratio of 5.32. The stock has a fifty day moving average of C$0.23 and a two-hundred day moving average of C$0.28.

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.