Noram Lithium Corp. (CVE:NRM – Get Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.17 and traded as low as C$0.10. Noram Lithium shares last traded at C$0.10, with a volume of 86,000 shares traded.
Noram Lithium Stock Up 3.0%
The company has a debt-to-equity ratio of 1.92, a quick ratio of 26.78 and a current ratio of 0.84. The stock has a market capitalization of C$9.32 million, a PE ratio of -10.30 and a beta of -1.61. The business has a 50 day moving average of C$0.17 and a two-hundred day moving average of C$0.14.
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. The company was formerly known as Noram Ventures Inc and changed its name to Noram Lithium Corp. in July 2021. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.
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