Noram Lithium Corp. (CVE:NRM – Get Free Report)’s share price fell 15.4% on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. 95,330 shares traded hands during mid-day trading, an increase of 143% from the average session volume of 39,263 shares. The stock had previously closed at C$0.13.
Noram Lithium Price Performance
The firm has a market cap of C$9.84 million, a P/E ratio of -3.67 and a beta of -1.04. The business’s fifty day simple moving average is C$0.12 and its 200-day simple moving average is C$0.11. The company has a current ratio of 4.30, a quick ratio of 26.78 and a debt-to-equity ratio of 0.17.
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.
Featured Articles
- Five stocks we like better than Noram Lithium
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Buyer Beware: Carvana Is Driving an Auto Lending Crisis
- Growth Stocks: What They Are, What They Are Not
- Healthcare Rotation Underway: 3 Stocks Leading the Charge
- Airline Stocks – Top Airline Stocks to Buy Now
- Medtronic Stock Finds Its Footing—Now It’s Gaining Momentum
Receive News & Ratings for Noram Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noram Lithium and related companies with MarketBeat.com's FREE daily email newsletter.
