Aztec Minerals (CVE:AZT) Shares Up 9.8% - Time to Buy?

Key Points

• Shares jumped ~9.8% mid-day to as high as C$0.29 (last C$0.28) with 188,051 shares traded, about 17% below the average session volume.
• The company has a market capitalization of C$54.03 million, a negative P/E (-29.00), debt-to-equity of 1.71, current ratio 2.83, quick ratio 5.32, and a beta of 2.12.
• Aztec is a junior explorer of gold, copper, silver, lead and zinc, notably holding the 3,650-hectare Cervantes porphyry gold‑copper property in Sonora, Mexico.

Aztec Minerals Corp. (CVE:AZT - )'s stock price shot up 9.8% during mid-day trading on Friday . The company traded as high as C$0.29 and last traded at C$0.28. 188,051 shares were traded during mid-day trading, a decline of 17% from the average session volume of 227,505 shares. The stock had previously closed at C$0.26.

Aztec Minerals Trading Up 13.7%

The company has a debt-to-equity ratio of 1.71, a current ratio of 2.83 and a quick ratio of 5.32. The stock has a market capitalization of C$54.03 million, a price-to-earnings ratio of -29.00 and a beta of 2.12. The business has a 50 day simple moving average of C$0.30 and a 200-day simple moving average of C$0.30.

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.

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