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

Nortec Minerals Corp. (CVE:NVTGet Free Report) shares dropped 28.6% during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 212,733 shares changed hands during mid-day 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 Trading Down 28.6%

The firm has a market cap of C$1.33 million, a PE ratio of -2.00 and a beta of 2.60. The company has a current ratio of 0.90, a quick ratio of 0.85 and a debt-to-equity ratio of 17.23. The business 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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