Noram Lithium Corp. (CVE:NRM – Get Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.19 and traded as low as C$0.19. Noram Lithium shares last traded at C$0.19, with a volume of 20,111 shares changing hands.
Noram Lithium Price Performance
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’s 50-day moving average is C$0.19 and its 200 day moving average is C$0.31. The stock has a market capitalization of C$17.34 million, a PE ratio of -1.50 and a beta of 1.81.
About Noram Lithium
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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