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

Nortec Minerals Corp. (CVE:NVTGet Free Report)’s share price rose 25% 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 Price Performance

The company has a 50 day moving average of C$0.02 and a two-hundred day moving average of C$0.02. The firm has a market cap of C$1.07 million, a P/E ratio of -2.00 and a beta of 0.75. The company has a quick ratio of 0.85, a current ratio of 0.90 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.

Further Reading

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