Key Points
- Bradley Lazich purchased 153,846 shares on Dec. 31 at C$0.07 each (C$10,769.22), increasing his stake 1.88% to 8,354,646 shares valued at about C$584,825.
- Nortec Minerals trades around C$0.04 with 50- and 200-day moving averages of C$0.03, a 52-week range of C$0.02–C$0.05, and a market capitalization of C$1.87 million.
- The company shows elevated risk: a negative P/E, low liquidity (quick ratio 0.85, current ratio 0.90) and a high debt-to-equity ratio of 17.23, signaling potential financial strain.
Nortec Minerals Corp. (CVE:NVT - Get Free Report) insider Bradley Lazich bought 153,846 shares of the company's stock in a transaction on Wednesday, December 31st. The stock was purchased at an average cost of C$0.07 per share, for a total transaction of C$10,769.22. Following the completion of the transaction, the insider directly owned 8,354,646 shares of the company's stock, valued at approximately C$584,825.22. The trade was a 1.88% increase in their position.
Nortec Minerals Price Performance
CVE NVT opened at C$0.04 on Monday. The company has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.03. Nortec Minerals Corp. has a 52 week low of C$0.02 and a 52 week high of C$0.05. 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 firm has a market capitalization of C$1.87 million, a P/E ratio of -2.00 and a beta of 2.81.
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. The company was formerly known as Nortec Ventures Corp. and changed its name to Nortec Minerals Corp. in January 2010. The company was incorporated in 1999 and is headquartered in Vancouver, Canada.
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