Nortec Minerals (CVE:NVT) Stock Price Up 25% – Still a Buy?

Shares of Nortec Minerals Corp. (CVE:NVTGet Free Report) were up 25% on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 302,000 shares were traded 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 Trading Up 25.0 %

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

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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