Nortec Minerals (CVE:NVT) Reaches New 52-Week Low – Here’s What Happened

Shares of Nortec Minerals Corp. (CVE:NVTGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 15000 shares trading hands. The stock had previously closed at C$0.02.

Nortec Minerals Stock Performance

The stock has a 50 day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The company has a current ratio of 0.90, a quick ratio of 0.85 and a debt-to-equity ratio of 17.23. The company has a market cap of C$1.07 million, a price-to-earnings ratio of -2.00 and a beta of 0.75.

About Nortec Minerals

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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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