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

Shares of Nortec Minerals Corp. (CVE:NVTGet Free Report) were up 25% during trading 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 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 company has a debt-to-equity ratio of 17.23, a current ratio of 0.90 and a quick ratio of 0.85. The firm has a market capitalization of C$1.34 million, a price-to-earnings ratio of -2.00 and a beta of 0.75. The firm’s fifty day moving average is C$0.02 and its 200 day moving average is C$0.02.

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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