Nortec Minerals (CVE:NVT) Trading Down 16.7% – Here’s What Happened

by · The Cerbat Gem

Nortec Minerals Corp. (CVE:NVT – Get Free Report)’s stock price was down 16.7% on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 203,000 shares changed hands during 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 stock has a market cap of C$1.33 million, a price-to-earnings 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 stock’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.02.

Nortec Minerals Company Profile

(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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