Nortec Minerals (CVE:NVT) Stock Price Down 28.6% – Time to Sell?

Nortec Minerals Corp. (CVE:NVTGet Free Report) was down 28.6% on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 212,733 shares changed hands during trading, an increase of 241% from the average daily volume of 62,310 shares. The stock had previously closed at C$0.04.

Nortec Minerals Stock Performance

The company has a debt-to-equity ratio of 17.23, a quick ratio of 0.85 and a current ratio of 0.90. The company has a market cap of C$1.33 million, a price-to-earnings ratio of -2.00 and a beta of 2.60. The company has a fifty day moving average of C$0.02 and a two-hundred day moving average of C$0.02.

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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