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

Nortec Minerals Corp. (CVE:NVT) shares rose 25% during mid-day trading 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 Down 20.0 %

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 company has a market capitalization of C$1.07 million, a PE ratio of -2.00 and a beta of 0.75. The business’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02.

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.