Noram Lithium (CVE:NRM) Stock Passes Below 50-Day Moving Average of $0.19

Shares of Noram Lithium Corp. (CVE:NRMGet Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.19 and traded as low as C$0.17. Noram Lithium shares last traded at C$0.17, with a volume of 7,002 shares changing hands.

Noram Lithium Stock 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 firm has a market capitalization of C$15.11 million, a price-to-earnings ratio of -1.31 and a beta of 1.81. The company has a 50-day moving average of C$0.19 and a 200-day moving average of C$0.30.

Noram Lithium Company Profile

(Get Free Report)

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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