Shares of Nortec Minerals Corp. (CVE:NVT – Get Free Report) 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 traded hands 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 quick ratio of 0.85, a current ratio of 0.90 and a debt-to-equity ratio of 17.23. The business has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.02. The firm has a market capitalization of C$1.34 million, a price-to-earnings ratio of -2.00 and a beta of 0.75.
Nortec Minerals Company Profile
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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