Noram Lithium (CVE:NRM) Trading Down 2.7%

Noram Lithium Corp. (CVE:NRMGet Free Report)’s stock price fell 2.7% during mid-day trading on Friday . The stock traded as low as C$0.35 and last traded at C$0.36. 148,535 shares changed hands during trading, an increase of 69% from the average session volume of 87,719 shares. The stock had previously closed at C$0.37.

Noram Lithium Stock Performance

The company has a market capitalization of C$29.34 million, a PE ratio of -2.81 and a beta of 1.84. The company has a quick ratio of 26.78, a current ratio of 6.92 and a debt-to-equity ratio of 0.78. The business has a 50 day simple moving average of C$0.17 and a 200 day simple moving average of C$0.23.

About Noram Lithium

(Get Free Report)

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.

Further Reading

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