Noram Lithium Corp. (CVE:NRM – Get Free Report) fell 15.4% during trading on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.11. 172,330 shares were traded during mid-day 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 Trading Down 15.4%
The firm has a market cap of C$9.84 million, a P/E ratio of -3.67 and a beta of -1.04. The business’s 50-day moving average is C$0.12 and its two-hundred day moving average is C$0.11. The company has a current ratio of 4.30, a quick ratio of 26.78 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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