Nortec Minerals (CVE:NVT) Shares Down 16.7% – Should You Sell?

Nortec Minerals Corp. (CVE:NVTGet Free Report) shares fell 16.7% during trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. 203,000 shares were traded during trading, an increase of 219% from the average session volume of 63,706 shares. The stock had previously closed at C$0.03.

Nortec Minerals Price Performance

The stock has a market capitalization of C$1.33 million, a P/E ratio of -2.00 and a beta of 2.60. The business has a fifty day simple moving average of C$0.03 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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