Noram Lithium Corp. (CVE:NRM – Get Free Report) rose 36.1% during trading on Tuesday . The company traded as high as C$0.25 and last traded at C$0.25. Approximately 618,322 shares changed hands during mid-day trading, an increase of 743% from the average daily volume of 73,360 shares. The stock had previously closed at C$0.18.
Noram Lithium Trading Up 36.1 %
The stock has a fifty day moving average of C$0.16 and a 200 day moving average of C$0.23. The company has a debt-to-equity ratio of 0.78, a quick ratio of 26.78 and a current ratio of 6.92. The company has a market capitalization of C$21.78 million, a PE ratio of -1.88 and a beta of 1.84.
About Noram Lithium
Noram Lithium Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. Its flagship property is the Zeus Lithium project consisting of 146 placer claims and 136 lode claims covering an area of approximately 1,113 hectares located in Clayton Valley, Nevada.
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