Nortec Minerals (CVE:NVT) Stock Price Up 25% – What’s Next?

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

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 company 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 cap of C$1.07 million, a PE ratio of -2.00 and a beta of 0.75.

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.

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