Nortec Minerals (CVE:NVT) Sets New 1-Year Low – Time to Sell?

Nortec Minerals Corp. (CVE:NVTGet Free Report)’s share price hit a new 52-week low on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 15000 shares trading hands. The stock had previously closed at C$0.02.

Nortec Minerals Stock Performance

The company has a debt-to-equity ratio of 17.23, a current ratio of 0.90 and a quick ratio of 0.85. The firm has a market cap of C$1.07 million, a price-to-earnings ratio of -2.00 and a beta of 0.75. The company has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02.

About Nortec Minerals

(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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