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

Nortec Minerals Corp. (CVE:NVTGet Free Report)’s share price rose 25% on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 302,000 shares were traded during trading, an increase of 162% from the average daily volume of 115,104 shares. The stock had previously closed at C$0.02.

Nortec Minerals Stock Down 20.0 %

The stock’s 50-day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The stock has a market capitalization of C$1.07 million, a P/E ratio of -2.00 and a beta of 0.75. The company has a current ratio of 0.90, a quick ratio of 0.85 and a debt-to-equity ratio of 17.23.

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.

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