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

Nortec Minerals Corp. (CVE:NVTGet Free Report)’s stock price was up 25% during trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 302,000 shares changed 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 Trading Down 20.0 %

The firm’s 50 day moving average is C$0.02 and its 200 day moving average is C$0.02. The company has a market cap of C$1.07 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 current ratio of 0.90 and a quick ratio of 0.85.

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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