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Nortec Minerals shares surged 50% to C$0.05 on heavy trading with no public reason.
Nortec Minerals (CVE:NVT) shares jumped 50% on Friday, reaching a high of C$0.05 and closing at that level, driven by increased trading volume of about 665,000 shares—164% above average.
The Vancouver-based company, focused on mineral exploration in Finland and Ontario, holds projects targeting gold, zinc, copper, lead, silver, and lithium.
With a market cap of C$2.40 million and a high beta of 2.81, the stock's volatility and financial leverage remain notable.
The rally followed no publicly disclosed catalyst.
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Las acciones de Nortec Minerals subieron un 50% a C$0.05 en una fuerte negociación sin ninguna razón pública.