Noram Lithium Corp. (CVE:NRM – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 23000 shares trading hands. The stock had previously closed at C$0.10.
Noram Lithium Stock Down 5.3 %
The firm has a market capitalization of C$8.01 million, a P/E ratio of -1.50 and a beta of 1.26. The company has a fifty day simple moving average of C$0.10 and a 200 day simple moving average of C$0.15. The company has a quick ratio of 26.78, a current ratio of 4.57 and a debt-to-equity ratio of 0.39.
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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