Shares of Noram Lithium Corp. (CVE:NRM – Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.10 and traded as low as C$0.10. Noram Lithium shares last traded at C$0.10, with a volume of 34,000 shares traded.
Noram Lithium Stock Down 5.0 %
The firm has a market cap of C$8.46 million, a P/E ratio of -1.58 and a beta of 1.26. The company has a current ratio of 4.57, a quick ratio of 26.78 and a debt-to-equity ratio of 0.39. The business has a 50-day moving average price of C$0.10 and a 200-day moving average price 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.
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