Aztec Minerals (CVE:AZT) Stock Rating Upgraded by Stifel Nicolaus

Aztec Minerals (CVE:AZT) was upgraded by investment analysts at Stifel Nicolaus to a “moderate buy” rating in a research note issued to investors 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 equities research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Strong Buy” and an average target price of C$0.61.

Aztec Minerals Price Performance

CVE AZT opened at C$0.33 on Monday. Aztec Minerals has a 1 year low of C$0.17 and a 1 year high of C$0.43. The company has a fifty day simple moving average of C$0.27 and a 200 day simple moving average of C$0.27. 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$62.60 million, a P/E ratio of -16.50 and a beta of 2.09.

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.