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

Nortec Minerals Corp. (CVE:NVTGet Free Report) shares shot up 25% during trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. 302,000 shares changed hands during 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 Stock Performance

The company has a market cap of C$1.07 million, a price-to-earnings ratio of -2.00 and a beta of 0.75. The firm has a 50-day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02. The company has a quick ratio of 0.85, a current ratio of 0.90 and a debt-to-equity ratio of 17.23.

Nortec Minerals Company Profile

(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.

Further Reading

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