Aztec Minerals (CVE:AZT) Stock Price Down 1.3% – Here’s What Happened

Aztec Minerals Corp. (CVE:AZTGet Free Report) shares were down 1.3% during mid-day trading on Wednesday . The stock traded as low as C$0.37 and last traded at C$0.37. Approximately 353,266 shares were traded during mid-day trading, an increase of 36% from the average daily volume of 260,600 shares. The stock had previously closed at C$0.38.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on AZT. Stifel Nicolaus set a C$0.61 price objective on shares of Aztec Minerals and gave the company a “speculative buy” rating in a report on Tuesday, September 1st. Atrium Research raised Aztec Minerals to a “strong-buy” rating in a research note on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Strong Buy” and an average price target of C$0.61.

Check Out Our Latest Analysis on AZT

Aztec Minerals Trading Down 1.3%

The business has a fifty day moving average of C$0.31 and a 200-day moving average of C$0.27. 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 company has a market capitalization of C$70.19 million, a P/E ratio of -37.00 and a beta of 2.25.

Aztec Minerals Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Aztec Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aztec Minerals and related companies with MarketBeat.com's FREE daily email newsletter.