Aztec Minerals (CVE:AZT) Shares Down 10.2% – Time to Sell?

Shares of Aztec Minerals Corp. (CVE:AZT) traded down 10.2% during trading on Friday . The company traded as low as C$0.21 and last traded at C$0.22. 242,002 shares traded hands during mid-day trading, an increase of 10% from the average session volume of 219,929 shares. The stock had previously closed at C$0.25.

Aztec Minerals Stock Performance

The company has a market cap of C$41.55 million, a price-to-earnings ratio of -22.00 and a beta of 2.09. 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 stock’s fifty day simple moving average is C$0.25 and its 200 day simple moving average is C$0.30.

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. Aztec Minerals Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.