Noram Lithium Corp. (CVE:NRM – Get Free Report)’s stock price was down 15.4% during trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 113,330 shares were traded during trading, an increase of 186% from the average daily volume of 39,616 shares. The stock had previously closed at C$0.13.
Noram Lithium Stock Up 4.5%
The firm’s 50-day moving average is C$0.12 and its 200 day moving average is C$0.11. The firm has a market capitalization of C$10.29 million, a P/E ratio of -3.83 and a beta of -1.04. The company has a debt-to-equity ratio of 0.17, a quick ratio of 26.78 and a current ratio of 4.30.
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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