Noram Lithium Corp. (CVE:NRM – Get Free Report) traded down 15.4% on Thursday . The company traded as low as C$0.11 and last traded at C$0.11. 172,330 shares were traded during trading, an increase of 332% from the average session volume of 39,897 shares. The stock had previously closed at C$0.13.
Noram Lithium Stock Performance
The company has a market cap of C$9.84 million, a P/E ratio of -3.67 and a beta of -1.04. The stock has a 50 day moving average price of C$0.12 and a two-hundred day moving average price of C$0.11. The company has a quick ratio of 26.78, a current ratio of 4.30 and a debt-to-equity ratio of 0.17.
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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