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

Shares of Nortec Minerals Corp. (CVE:NVTGet Free Report) were up 25% on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 158,000 shares traded hands during trading, an increase of 150% from the average daily volume of 63,281 shares. The stock had previously closed at C$0.02.

Nortec Minerals Price Performance

The company has a debt-to-equity ratio of 17.23, a current ratio of 0.90 and a quick ratio of 0.85. The firm has a market cap of C$1.33 million, a P/E ratio of -2.00 and a beta of 2.17. The stock’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02.

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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