Aztec Minerals (CVE:AZT) Trading Down 13.8% – What’s Next?

Aztec Minerals Corp. (CVE:AZT)’s stock price dropped 13.8% during mid-day trading on Thursday . The stock traded as low as C$0.25 and last traded at C$0.25. Approximately 778,876 shares were traded during mid-day 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 Trading Down 13.8%

The stock has a 50 day moving average of C$0.25 and a 200 day moving average of C$0.23. 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 firm has a market cap of C$46.58 million, a P/E ratio of -25.00 and a beta of 1.98.

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.