Nortec Minerals (CVE:NVT) Hits New 52-Week Low – What’s Next?

Nortec Minerals Corp. (CVE:NVTGet Free Report)’s stock price reached 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 changing hands. The stock had previously closed at C$0.02.

Nortec Minerals Stock Performance

The stock has a market cap of C$801,000.00, a P/E ratio of -2.00 and a beta of 0.75. The stock has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. 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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