Nortec Minerals (CVE:NVT) Trading 25% Higher – What’s Next?

Shares of Nortec Minerals Corp. (CVE:NVTGet Free Report) traded up 25% during mid-day trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 302,000 shares were traded 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 firm’s fifty day moving average price is C$0.02 and its 200-day moving average price is C$0.02. 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 company has a debt-to-equity ratio of 17.23, a current ratio of 0.90 and a quick ratio of 0.85.

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.

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