Nortec Minerals Corp. (CVE:NVT – Get Free Report)’s stock price fell 16.7% during mid-day trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. 203,000 shares traded 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 fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.02. The company has a quick ratio of 0.85, a current ratio of 0.90 and a debt-to-equity ratio of 17.23. The company has a market capitalization of C$1.33 million, a price-to-earnings 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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