Shares of Nortec Minerals Corp. (CVE:NVT – Get Free Report) 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 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 Up 25.0 %
The company has a debt-to-equity ratio of 17.23, a quick ratio of 0.85 and a current ratio of 0.90. The company has a market cap of C$1.34 million, a price-to-earnings ratio of -2.00 and a beta of 0.75. The business has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.
About Nortec Minerals
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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