Nortec Minerals (CVE:NVT) Sets New 12-Month Low – Should You Sell?

Shares of Nortec Minerals Corp. (CVE:NVTGet Free Report) reached a new 52-week low on Friday . The company 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 Trading Down 25.0 %

The company’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The firm has a market cap of C$801,000.00, a PE ratio of -2.00 and a beta of 0.75. The company has a quick ratio of 0.85, a current ratio of 0.90 and a debt-to-equity ratio of 17.23.

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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