Aztec Minerals (CVE:AZT) Trading Up 11.9% – Still a Buy?
by Scott Moore · The Cerbat GemShares of Aztec Minerals Corp. (CVE:AZT – Get Free Report) traded up 11.9% during trading on Tuesday . The company traded as high as C$0.25 and last traded at C$0.24. 1,681,951 shares changed hands during mid-day trading, an increase of 841% from the average session volume of 178,774 shares. The stock had previously closed at C$0.21.
Aztec Minerals Price Performance
The business’s 50-day moving average price is C$0.24 and its 200 day moving average price is C$0.22. 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 has a market capitalization of C$33.76 million, a P/E ratio of -11.75 and a beta of 1.87.
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.
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