Shares of Nortec Minerals Corp. (CVE:NVT – Get Free Report) fell 16.7% during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. 203,000 shares changed hands 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 Stock Down 16.7%
The stock’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is 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. The firm has a market capitalization of C$1.33 million, a P/E ratio of -2.00 and a beta of 2.60.
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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