Nortec Minerals Corp. (CVE:NVT – Get Free Report)’s share price dropped 16.7% during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 203,000 shares were traded during mid-day trading, an increase of 219% from the average daily volume of 63,706 shares. The stock had previously closed at C$0.03.
Nortec Minerals Stock Down 16.7%
The firm has a market cap of C$1.33 million, a P/E ratio of -2.00 and a beta of 2.60. The firm’s 50-day moving average price is C$0.03 and its 200 day moving average price is C$0.02. The company has a debt-to-equity ratio of 17.23, a current ratio of 0.90 and a quick ratio of 0.85.
Nortec Minerals Company Profile
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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