Nortec Minerals (CVE:NVT) Trading Down 28.6% – Should You Sell?

Nortec Minerals Corp. (CVE:NVTGet Free Report) shares fell 28.6% during mid-day trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. 212,733 shares were traded during trading, an increase of 241% from the average session volume of 62,310 shares. The stock had previously closed at C$0.04.

Nortec Minerals Stock Down 28.6%

The company has a debt-to-equity ratio of 17.23, a current ratio of 0.90 and a quick ratio of 0.85. The stock has a market capitalization of C$1.33 million, a PE ratio of -2.00 and a beta of 2.60. The company has a 50 day moving average price of C$0.02 and a 200-day moving average price 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.

Recommended Stories

Receive News & Ratings for Nortec Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nortec Minerals and related companies with MarketBeat.com's FREE daily email newsletter.