Nortec Minerals (CVE:NVT) Trading Up 25% – Time to Buy?

Shares of Nortec Minerals Corp. (CVE:NVTGet Free Report) shot up 25% on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 302,000 shares traded hands 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 firm has a market capitalization of C$1.34 million, a PE ratio of -2.00 and a beta of 0.75. The company has a debt-to-equity ratio of 17.23, a current ratio of 0.90 and a quick ratio of 0.85. The business’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.02.

About Nortec Minerals

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Nortec Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nortec Minerals and related companies with MarketBeat.com's FREE daily email newsletter.