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

Nortec Minerals Corp. (CVE:NVTGet Free Report)’s stock price fell 16.7% during mid-day trading on Tuesday . The stock 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 company has a market capitalization of C$1.33 million, a P/E 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 has a 50 day moving average price of C$0.03 and a 200 day moving average price of 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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