Aztec Minerals (CVE:AZT) Stock Price Up 10% – Still a Buy?

Shares of Aztec Minerals Corp. (CVE:AZT) shot up 10% on Friday . The stock traded as high as C$0.22 and last traded at C$0.22. Approximately 110,725 shares were traded during mid-day trading, a decline of 55% from the average session volume of 246,594 shares. The stock had previously closed at C$0.20.

Analyst Ratings Changes

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

Aztec Minerals Stock Up 12.5%

The stock’s 50 day simple moving average is C$0.23 and its two-hundred day simple moving average is C$0.30. The firm has a market cap of C$42.50 million, a P/E ratio of -11.25 and a beta of 2.03. The company has a debt-to-equity ratio of 1.71, a current ratio of 2.83 and a quick ratio of 5.32.

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.