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

Nortec Minerals Corp. (CVE:NVT)’s share price was up 25% on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 302,000 shares changed hands during mid-day 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 Performance

The company has a debt-to-equity ratio of 17.23, a current ratio of 0.90 and a quick ratio of 0.85. The stock has a market capitalization of C$1.07 million, a PE ratio of -2.00 and a beta of 0.75. The stock has a 50 day moving average of C$0.02 and a two-hundred day moving average of C$0.02.

About Nortec Minerals

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.