Aztec Minerals (CVE:AZT) Raised to “Moderate Buy” at Stifel Nicolaus

Aztec Minerals (CVE:AZT) was upgraded by equities research analysts at Stifel Nicolaus to a “moderate buy” rating in a report issued on Monday, Zacks reports.

Separately, Atrium Research raised shares of Aztec Minerals to a “strong-buy” rating in a research report on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Strong Buy” and an average target price of C$0.61.

Aztec Minerals Trading Down 2.9%

CVE:AZT opened at C$0.33 on Monday. The stock has a market cap of C$62.60 million, a PE ratio of -16.50 and a beta of 2.09. Aztec Minerals has a fifty-two week low of C$0.17 and a fifty-two week high of C$0.43. 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’s 50-day moving average is C$0.27 and its two-hundred day moving average is C$0.27.

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.