Noram Lithium Corp. (CVE:NRM – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 23000 shares changing hands. The stock had previously closed at C$0.10.
Noram Lithium Price Performance
The business’s 50 day moving average price is C$0.10 and its 200-day moving average price is C$0.15. The company has a quick ratio of 26.78, a current ratio of 4.57 and a debt-to-equity ratio of 0.39. The company has a market cap of C$8.91 million, a PE ratio of -1.67 and a beta of 1.26.
Noram Lithium Company Profile
Noram Lithium Corp., through its subsidiary, Green Energy Resources Inc, engages in the acquisition, exploration, and development of mineral exploration properties. It holds 100% interests in the Zeus lithium project with 146 placer claims and 136 lode claims covering an area of 1,113 hectares located in Clayton Valley, Nevada, the United States.
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