Nortec Minerals (CVE:NVT) Shares Up 25% – Should You Buy?

Nortec Minerals Corp. (CVE:NVTGet Free Report)’s share price shot up 25% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 302,000 shares were traded during mid-day trading, an increase of 162% from the average session volume of 115,104 shares. The stock had previously closed at C$0.02.

Nortec Minerals Trading Up 25.0 %

The business has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.02. The company has a market capitalization of C$1.34 million, a PE ratio of -2.00 and a beta of 0.75. The company has a debt-to-equity ratio of 17.23, a quick ratio of 0.85 and a current ratio of 0.90.

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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