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

Aztec Minerals Corp. (CVE:AZT)’s stock price was up 10% on Friday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 110,725 shares changed hands during trading, a decline of 55% from the average daily volume of 246,594 shares. The stock had previously closed at C$0.20.

Wall Street Analysts Forecast Growth

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

Aztec Minerals Stock Performance

The stock has a fifty day simple moving average of C$0.23 and a two-hundred day simple moving average of C$0.30. 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 stock has a market capitalization of C$41.55 million, a price-to-earnings ratio of -11.00 and a beta of 2.03.

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.