Nortec Minerals (CVE:NVT) Trading 25% Higher – Here’s Why

Shares of Nortec Minerals Corp. (CVE:NVTGet Free Report) traded up 25% during mid-day 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 fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The firm 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.

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.

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