Noram Lithium Corp. (CVE:NRM – Get Free Report)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 28000 shares traded. The stock had previously closed at C$0.10.
Noram Lithium Trading Down 5.3 %
The firm has a market cap of C$8.01 million, a price-to-earnings ratio of -1.58 and a beta of 1.26. The business has a fifty day moving average of C$0.13 and a two-hundred day moving average of C$0.17. The company has a debt-to-equity ratio of 0.39, a quick ratio of 26.78 and a current ratio of 4.57.
About Noram Lithium
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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