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

Shares of Nortec Minerals Corp. (CVE:NVTGet Free Report) traded down 28.6% during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. 212,733 shares traded hands 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’s 50-day moving average is C$0.02 and its 200 day moving average is C$0.02. The company 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 debt-to-equity ratio of 17.23, a quick ratio of 0.85 and a current ratio of 0.90.

Nortec Minerals Company Profile

(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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