Nortec Minerals (CVE:NVT) Trading Up 25% – Here’s Why

Nortec Minerals Corp. (CVE:NVTGet Free Report) shares rose 25% during mid-day trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 302,000 shares traded hands during mid-day 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 company has a current ratio of 0.90, a quick ratio of 0.85 and a debt-to-equity ratio of 17.23. The stock’s 50-day moving average is C$0.02 and its 200-day moving average is C$0.02. The company has a market cap of C$1.07 million, a price-to-earnings ratio of -2.00 and a beta of 0.75.

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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