Nortec Minerals (CVE:NVT) Trading 25% Higher – Time to Buy?

Nortec Minerals Corp. (CVE:NVTGet Free Report)’s share price rose 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 traded 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 Price Performance

The company has a debt-to-equity ratio of 17.23, a quick ratio of 0.85 and a current ratio of 0.90. The firm has a market cap of C$1.34 million, a P/E ratio of -2.00 and a beta of 0.75. The company has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.02.

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.

Further Reading

Receive News & Ratings for Nortec Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nortec Minerals and related companies with MarketBeat.com's FREE daily email newsletter.