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

Nortec Minerals Corp. (CVE:NVTGet Free Report)’s stock price was down 28.6% during mid-day trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 212,733 shares traded 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 Down 28.6%

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 firm has a market cap of C$1.33 million, a PE ratio of -2.00 and a beta of 2.60. The stock has a fifty 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.

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