Nortec Minerals (CVE:NVT) Reaches New 12-Month Low – Here’s Why

Shares of Nortec Minerals Corp. (CVE:NVTGet Free Report) hit a new 52-week low on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 226833 shares trading hands. The stock had previously closed at C$0.02.

Nortec Minerals Stock Down 25.0 %

The company has a market capitalization of C$801,000.00, a price-to-earnings ratio of -2.00 and a beta of 0.75. 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’s 50 day simple moving average is C$0.02 and its 200-day simple 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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