Nordic Gold (NOR) Trading Down 14.3%
Nordic Gold Inc (CVE:NOR) was down 14.3% during mid-day trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 114,000 shares were traded during trading, a decline of 59% from the average daily volume of 280,953 shares. The stock had previously closed at C$0.04.
The firm has a market capitalization of $6.32 million and a P/E ratio of 0.23. The company has a debt-to-equity ratio of 59.42, a quick ratio of 0.96 and a current ratio of 1.40.
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Nordic Gold Corp., a junior mining company, engages in the acquisition and exploration of gold, precious, and base metal properties primarily in Canada and internationally. It holds 100% interest in the Laiva Mine property located in Raahe, Finland; and 49% interest in the Sheslay that comprise 19 mineral claim licenses located in the Atlin mining division of northwestern British Columbia, Canada.
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