Noront Resources Ltd. (CVE:NOT – Get Free Report)’s share price dropped 0.5% during trading on Wednesday . The stock traded as low as C$1.09 and last traded at C$1.10. Approximately 68,388 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 512,544 shares. The stock had previously closed at C$1.10.
Noront Resources Stock Down 0.5 %
The firm has a market cap of C$612.18 million and a price-to-earnings ratio of -7.20. The company has a 50-day moving average price of C$1.09 and a 200 day moving average price of C$1.09.
Noront Resources Company Profile
Noront Resources Ltd., a resource company, engages in the acquisition, development, and exploration of base and precious metals in Canada. It explores for nickel, copper, zinc, platinum group metals, chromite, iron, titanium, vanadium, gold, and silver. The company's flagship property is the Eagle's Nest project located in the James Bay Lowlands, Ontario.
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