Shares of Nortec Minerals Corp. (CVE:NVT – Get Free Report) rose 25% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 302,000 shares changed 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 market capitalization of C$1.07 million, a P/E ratio of -2.00 and a beta of 0.75. The business’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The company has a current ratio of 0.90, a quick ratio of 0.85 and a debt-to-equity ratio of 17.23.
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.
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