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

Nortec Minerals Corp. (CVE:NVTGet Free Report) shares shot up 25% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 302,000 shares traded 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 Trading Up 25.0 %

The firm has a market cap of C$1.34 million, a PE ratio of -2.00 and a beta of 0.75. The firm has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of 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.

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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