Stifel Nicolaus Analysts Give Aztec Minerals (CVE:AZT) a C$0.61 Price Target

Stifel Nicolaus set a C$0.61 price target on Aztec Minerals (CVE:AZTFree Report) in a report released on Tuesday,BayStreet reports. The brokerage currently has a speculative buy rating on the stock.

Separately, Atrium Research upgraded Aztec Minerals to a “strong-buy” rating in a research note on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Strong Buy” and a consensus price target of C$0.61.

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Aztec Minerals Stock Performance

CVE AZT opened at C$0.37 on Tuesday. Aztec Minerals has a twelve month low of C$0.17 and a twelve month high of C$0.43. The company has a quick ratio of 5.32, a current ratio of 2.83 and a debt-to-equity ratio of 1.71. The company’s 50-day simple moving average is C$0.28 and its 200 day simple moving average is C$0.27. The stock has a market cap of C$70.19 million, a P/E ratio of -37.00 and a beta of 2.25.

Aztec Minerals Company Profile

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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.

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