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

Nortec Minerals Corp. (CVE:NVT) shares traded up 25% during mid-day trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 302,000 shares traded 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 Trading 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 business has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.02. The firm has a market capitalization of C$1.07 million, a P/E 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.