Shares of Noram Lithium Corp. (CVE:NRM – Get Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.19 and traded as low as C$0.19. Noram Lithium shares last traded at C$0.19, with a volume of 20,111 shares.
Noram Lithium Trading Down 5.0 %
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 moving average of C$0.19 and a two-hundred day moving average of C$0.31. The firm has a market capitalization of C$16.89 million, a price-to-earnings ratio of -1.46 and a beta of 1.81.
About Noram Lithium
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.
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