Nortec Minerals (CVE:NVT) Hits New 52-Week Low – Here’s Why

Shares of Nortec Minerals Corp. (CVE:NVTGet Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 45000 shares trading hands. The stock had previously closed at C$0.02.

Nortec Minerals Stock Down 25.0 %

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 cap of C$801,000.00, a P/E ratio of -2.00 and a beta of 0.75. The business’s 50 day moving average is C$0.02 and its 200 day moving average 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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