Noram Lithium Corp. (CVE:NRM – Get Free Report)’s stock price fell 2.7% during trading on Friday . The company traded as low as C$0.35 and last traded at C$0.36. 148,535 shares were traded during mid-day trading, an increase of 69% from the average session volume of 87,719 shares. The stock had previously closed at C$0.37.
Noram Lithium Stock Performance
The business’s 50-day moving average price is C$0.17 and its 200-day moving average price is C$0.22. 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 stock has a market cap of C$26.67 million, a P/E ratio of -2.31 and a beta of 1.84.
Noram Lithium Company Profile
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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