Noram Lithium Corp. (CVE:NRM – Get Free Report)’s share price 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 Price Performance
The company has a current ratio of 6.92, a quick ratio of 26.78 and a debt-to-equity ratio of 0.78. The business has a 50-day moving average price of C$0.19 and a two-hundred day moving average price 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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