Nortec Minerals Corp.

Nortec Minerals Corp.verified

NMNZF

Price:

$0.025

Market Cap:

$1.87M

Nortec Minerals Corp. specializes in identifying, acquiring, and advancing mineral properties. The company's primary focus lies in exploring for deposits of both gold and lithium. A key asset within its portfolio is the Tammela project, strategically located in southwestern Finland. Established in 1999, the corporation was previously known as Nortec Ventures Corp. until rebranding to Nortec Minerals Corp. in January 2010. Its operational headquarters are situated in Vancouver, Canada.

Industry

Industrial Materials

IPO Date

2011-07-15

Stock Exchange

OTC

Ticker

NMNZF

The Current Ratio as of June 2026 (TTM) for Nortec Minerals Corp. (NMNZF) is 2.78

According to Nortec Minerals Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 2.78. This represents a change of 111.64% compared to the average of 1.31 of the last 4 quarters.

Nortec Minerals Corp. (NMNZF) Historical Current Ratio (quarterly & annually)

How has NMNZF Current Ratio performed in the past?

The mean historical Current Ratio of Nortec Minerals Corp. over the last ten years is 1.18. The current 2.78 Current Ratio has changed 23.49% with respect to the historical average. Over the past ten years (40 quarters), NMNZF's Current Ratio was at its highest in in the March 2018 quarter at 7.61. The Current Ratio was at its lowest in in the December 2019 quarter at 0.01.

Quarterly (TTM)
Annual

Average

1.18

Median

0.88

Minimum

0.01

Maximum

4.38

Nortec Minerals Corp. (NMNZF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nortec Minerals Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.90%

Maximum Annual Current Ratio = 4.38

Minimum Annual Increase = -99.11%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.90-29.21%
20241.2747.33%
20230.87-25.26%
20221.16522.36%
20210.1954.58%
20200.12908.11%
20190.01-69.48%
20180.04-99.11%
20174.3854.52%
20162.831.90%

Nortec Minerals Corp. (NMNZF) Average Current Ratio

How has NMNZF Current Ratio performed in the past?

The current Current Ratio of Nortec Minerals Corp. (NMNZF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.01

5-year avg

0.88

10-year avg

1.18

Nortec Minerals Corp. (NMNZF) Current Ratio vs. Peers

How is NMNZF’s Current Ratio compared to its peers?

Nortec Minerals Corp.’s Current Ratio is greater than Fjordland Exploration Inc. (0.29), greater than Latam Lithium Corp. (0.03), greater than CAT Strategic Metals Corporation (0.02), greater than Cross River Ventures Corp. (0.02), less than Bullion Gold Resources Corp. (5.03), greater than Vendetta Mining Corp. (0.06), greater than Sylla Gold Corp. (0.01), greater than Volcan Holdings, Inc. (0.18), greater than Tarku Resources Ltd. (0.14), greater than Lion Critical Minerals Corp. (0.07),

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