Nortec Minerals (CVE:NVT) Stock Price Up 25% – Here’s Why

Nortec Minerals Corp. (CVE:NVT)’s stock price traded up 25% on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 302,000 shares changed hands 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 Stock Performance

The company has a quick ratio of 0.85, a current ratio of 0.90 and a debt-to-equity ratio of 17.23. The stock has a market cap of C$1.34 million, a P/E ratio of -2.00 and a beta of 0.75. The stock has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.

Nortec Minerals Company Profile

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.