Nortec Minerals (CVE:NVT) Stock Price Down 12.5% – Time to Sell?

Nortec Minerals Corp. (CVE:NVTGet Free Report)’s stock price fell 12.5% during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.04. 182,000 shares traded hands during mid-day trading, an increase of 184% from the average session volume of 64,074 shares. The stock had previously closed at C$0.04.

Nortec Minerals Trading Down 12.5%

The firm has a market cap of C$1.87 million, a PE ratio of -2.00 and a beta of 2.60. The company has a 50-day simple moving average of C$0.02 and a 200 day simple moving average 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.

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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