Aztec Minerals (CVE:AZT) Given a C$0.61 Price Target by Stifel Nicolaus Analysts

Aztec Minerals (CVE:AZT) has been assigned a C$0.61 price objective by research analysts at Stifel Nicolaus in a report issued on Tuesday, BayStreet reports. The brokerage currently has a “speculative buy” rating on the stock. Stifel Nicolaus’ price objective would suggest a potential upside of 84.85% from the stock’s current price.

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

Aztec Minerals Stock Down 2.9%

Shares of CVE AZT traded down C$0.01 during mid-day trading on Tuesday, reaching C$0.33. 96,923 shares of the company’s stock traded hands, compared to its average volume of 238,534. The stock has a market cap of C$62.60 million, a P/E ratio of -16.50 and a beta of 2.09. The business has a 50-day simple moving average of C$0.27 and a 200 day simple moving average of C$0.27. Aztec Minerals has a 1-year low of C$0.17 and a 1-year 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.

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.