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

Nortec Minerals Corp. (CVE:NVTGet Free Report)’s stock price shot up 25% during mid-day trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 302,000 shares were traded during 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 Stock Performance

The company has a current ratio of 0.90, a quick ratio of 0.85 and a debt-to-equity ratio of 17.23. The firm has a market capitalization of C$1.07 million, a PE ratio of -2.00 and a beta of 0.75. The firm’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.02.

Nortec Minerals Company Profile

(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.

Further Reading

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