Aztec Minerals (CVE:AZT) Stock Price Down 16.7% – Here’s Why

Shares of Aztec Minerals Corp. (CVE:AZT) fell 16.7% on Thursday . The stock traded as low as C$0.23 and last traded at C$0.23. 492,562 shares changed hands during mid-day trading, an increase of 275% from the average session volume of 131,448 shares. The stock had previously closed at C$0.27.

Aztec Minerals Stock Performance

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 cap of C$28.44 million, a PE ratio of -11.50 and a beta of 2.30. The business has a 50 day moving average price of C$0.19 and a two-hundred day moving average price of C$0.18.

Aztec Minerals Company Profile

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.