Aztec Minerals (CVE:AZT) Stock Price Down 3.2% – Here’s What Happened

Aztec Minerals Corp. (CVE:AZT) fell 3.2% on Tuesday . The company traded as low as C$0.29 and last traded at C$0.30. Approximately 153,040 shares were traded during mid-day trading, a decline of 38% from the average session volume of 246,029 shares. The stock had previously closed at C$0.32.

Analyst Upgrades and Downgrades

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

Aztec Minerals Price Performance

The company has a fifty day moving average of C$0.24 and a 200 day moving average of C$0.27. The firm has a market capitalization of C$56.66 million, a P/E ratio of -15.00 and a beta of 2.09. The company has a debt-to-equity ratio of 1.71, a current ratio of 2.83 and a quick ratio of 5.32.

About Aztec Minerals

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.