Nortec Minerals Corp. (CVE:NVT – Get Free Report) shares 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 changed hands 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 Price Performance
The company has a 50 day moving average of C$0.02 and a 200 day moving average of C$0.02. The company has a current ratio of 0.90, a quick ratio of 0.85 and a debt-to-equity ratio of 17.23. The firm has a market cap of C$1.34 million, a price-to-earnings ratio of -2.00 and a beta of 0.75.
Nortec Minerals Company Profile
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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