Noram Lithium Corp. (CVE:NRM – Get Free Report)’s share price reached a new 52-week low during trading on Monday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 14050 shares changing hands. The stock had previously closed at C$0.09.
Noram Lithium Price Performance
The company’s 50 day moving average price is C$0.12 and its two-hundred day moving average price is C$0.17. The company has a current ratio of 4.57, a quick ratio of 26.78 and a debt-to-equity ratio of 0.39. The stock has a market cap of C$8.01 million, a P/E ratio of -1.50 and a beta of 1.26.
About Noram Lithium
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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