Noram Lithium Corp. (CVE:NRM – Get Free Report) traded down 15.4% during mid-day trading on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.11. 113,330 shares changed hands during trading, an increase of 187% from the average session volume of 39,429 shares. The stock had previously closed at C$0.13.
Noram Lithium Price Performance
The firm has a 50-day simple moving average of C$0.12 and a 200-day simple moving average of C$0.11. The firm has a market cap of C$10.29 million, a P/E ratio of -3.83 and a beta of -1.04. 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.
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