Shares of Nortec Minerals Corp. (CVE:NVT – Get Free Report) shot up 25% on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 302,000 shares were traded during mid-day trading, an increase of 162% from the average session volume of 115,104 shares. The stock had previously closed at C$0.02.
Nortec Minerals Price Performance
The stock has a 50 day moving average of C$0.02 and a two-hundred day moving average of C$0.02. The company has a debt-to-equity ratio of 17.23, a quick ratio of 0.85 and a current ratio of 0.90. The firm has a market capitalization of C$1.34 million, a P/E ratio of -2.00 and a beta of 0.75.
About Nortec Minerals
Nortec Minerals Corp. engages in the acquisition, exploration, and development of mineral properties. The company explores for gold, zinc, copper, lead, silver, and lithium deposits. It holds interests in the Tammela project located in southwest Finland; the Sturgeon Lake VMS property located in Ontario, Canada; and the Mattagami River zinc project located in Ontario, Canada.
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