Aztec Minerals (CVE:AZT) Shares Down 13.8% – Here’s Why

by · The Cerbat Gem

Aztec Minerals Corp. (CVE:AZT – Get Free Report)’s stock price dropped 13.8% during mid-day trading on Friday . The stock traded as low as C$0.25 and last traded at C$0.25. Approximately 778,876 shares were traded during trading, an increase of 329% from the average daily volume of 181,353 shares. The stock had previously closed at C$0.29.

Aztec Minerals Price Performance

The firm has a 50 day moving average of C$0.25 and a 200-day moving average of C$0.23. The company has a current ratio of 2.83, a quick ratio of 5.32 and a debt-to-equity ratio of 1.71. The company has a market cap of C$55.89 million, a P/E ratio of -30.00 and a beta of 1.98.

Aztec Minerals Company Profile

(Get Free Report)

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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