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

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

The business has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. 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 market cap of C$1.34 million, a PE 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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